
Why California Homeowners Should Think Twice About Joint Tenancy
I want everybody listening today to answer what sounds like an incredibly simple question:
Who owns your house?
You're probably thinking:
‘Jon, that's easy. I do.’
Okay.
Pull out your deed.
Because I'm not asking who lives there.
I'm not asking who's making the mortgage payment.
I'm asking:
How is title actually held?
Joint tenants?
Community property?
Community property with right of survivorship?
Your individual name?
Your revocable living trust?
Maybe you're sitting there thinking:
‘I have absolutely no idea.’
And that's exactly why we're talking about it today.
Because those few words on…
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