Category: Risks of joint ownership

Everyone Over 18 Needs One of These…

By elisa on May 15, 2013 in Asset Organization, Asset Protection, Disability, Funding and Asset Titling, Power of Attorney, Risks of joint ownership

At our house we like to watch the old shows like Little House on the Prairie and Andy Griffith. Bailey, our 6-year-old, loves watching “Half Pint” and Barney Fife. Those are great shows and they reinforce some great old-fashioned values. In estate planning, there are often changing laws and new legal strategies. But there are [...]

Granny We Need to Talk: Questions that Can Stop Elder Fraud in Its Tracks

By elisa on Jan 28, 2013 in Aging Parents, Asset Protection, Asset Protection Trusts, Charitable Giving, Grandchildren, Parents, Power of Attorney, Risks of joint ownership

In our past two posts we talked about how Elder Fraud is on the rise and the types of fraud to look out for. Here are 7 questions to ask your friends and loved ones that can raise red flags about the possibility that they are being set up as a target for Elder Fraud: [...]

Joint Ownership – Tempting But Risky

By David Edwards on Mar 08, 2010 in Funding and Asset Titling, Risks of joint ownership, Wills and Trusts

Joint ownership with a right of survivorship, or joint tenancy, is a common method of owning assets. Particularly with husbands and wives, it is a very common ownership method. Many people hear about joint tenancy as being a good estate planning tool – a way to transfer their assets to a loved one without court [...]