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Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself.
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Archives

Tag Archives for: "joint ownership"
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 How Can Remainder Interest Be Changed from Joint Tenants to Tenants in Common?
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By Harry Margolis
In Long-Term Care Planning, Real Estate
Posted December 20, 2025

How Can Remainder Interest Be Changed from Joint Tenants to Tenants in Common?

Question: In an attempt to find solutions to bypass probate, my husband and I set up a life estate in 2011. Both of our children are the remaindermen, and they hold title as joint tenants on the [...]

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 How Do I Add My Wife to the Deed to My Mother’s House?
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By Harry Margolis
In Real Estate
Posted July 5, 2024

How Do I Add My Wife to the Deed to My Mother’s House?

Question: My father passed away and my mom is the only one alive. How can I add my wife to the deed or title so that when my mom passes my wife will be the owner? Response: Your mother can [...]

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 Will House in Joint Names Get a Full Step-Up in Basis on Mother’s Death?
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By Harry Margolis
In Real Estate
Posted October 20, 2023

Will House in Joint Names Get a Full Step-Up in Basis on Mother’s Death?

Question: My son-in-law’s grandparents died in 2015 and 2016. His mother inherited their home after the estate was probated in Maryland. The deed was transferred to her name in 2017 and my [...]

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 Should We Add My Stepson to Our Deed?
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By Harry Margolis
In Real Estate, Second Marriages, Wills
Posted August 11, 2023

Should We Add My Stepson to Our Deed?

Question: My husband and I are both listed on our condo. My husband recently had a cancer scare and would like to put his son on our deed. He says in case something happens to one or both of us, [...]

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 Does Step-Up in Basis at Death of Joint Owner Apply Only to Her Half of Real Estate?
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By Harry Margolis
In Long-Term Care Planning, Real Estate
Posted November 17, 2020

Does Step-Up in Basis at Death of Joint Owner Apply Only to Her Half of Real Estate?

Question: Brother and sister owned highly-appreciated real estate jointly with rights of survivorship.  Sister passed last year so now brother owns it 100% and would like to move it to an [...]

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 Solution for Siblings Who Co-Own Real Estate Where One Wants to Live
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By Harry Margolis
In Practical Matters, Real Estate
Posted August 29, 2019

Solution for Siblings Who Co-Own Real Estate Where One Wants to Live

Question: I inherited a home with my sister which has a value of about $540,000 and no mortgage. She wants to live in the house. What would be the normal agreement of who pays what bills? Is [...]

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Wondering if a trust makes sense for you?

This comprehensive guide provides all you need to know (in plain English).

Harry Margolis book: The Baby Boomers Guide to Estate Planning

Get the Book
(An Amazon Prime Reading selection)

Read Sample Chapters