The Perils of Joint Property

The Perils of Joint Property

0People often set up bank accounts or real estate so that they own it jointly with a spouse or other family member. The appeal of joint tenancy is that when one owner dies, the other will automatically inherit the property without it having to go through probate....

Do you really need a will?

0You May Not Think You Need a Will, But You Really Do.Most Americans do not have a simple will as part of their estate plan. You might believe that a will is only for the rich and famous, and not the average person who has a far smaller net worth. On the other hand,...