Blog Posts in April, 2013
Posted on Apr 29, 2013 By The Presser Law Firm, P.A.
Positively. Those co-owning property seldom contemplate the potential liabilities they can incur from their co-ownership. Nor do they always consider whether their co-ownership aids or impedes the ...
Continue reading "Should one seriously consider whether any co-ownership arrangement is right for them?" »
Posted on Apr 22, 2013 By The Presser Law Firm, P.A.
There are nine community property states. Community property includes all marital assets. There are also separate assets; those acquired by either spouse through gift or inheritance, acquired before ...
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Posted on Apr 15, 2013 By The Presser Law Firm, P. A.
Joint tenancy is a particularly popular form of co-ownership. Several key features distinguish it from tenancy-in-common. One such feature is its right of survivorship. When one joint tenant dies, the ...
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Posted on Apr 8, 2013 By The Presser Law Firm, P.A.
Each co-owner in a tenancy-in-common or tenant-in-common own a divided fractional share of the property. This creates serious lawsuit dangers and, reciprocally, no creditor protection. There are many ...
Continue reading "What are the dangers of owning assets as tenants-in-common?" »
Posted on Apr 1, 2013 By The Presser Law Firm, P.A.
Not generally. For example, two or more parties may own property as tenants-in-common, yet that's a dangerous form of ownership because each co-owner's interest is vulnerable to his or her ...
Continue reading "Can other forms of co-ownership protect your assets?" »