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Property Ownership

Property can be owned in 3 different ways!
Each way has its own potential issues when it comes to estate planning. It is vital that
you understand these issues and your Will addresses them.
Sole Ownership
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Subject to full means testing
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Sideways Disinheritance
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Subject to Probate assessment
Joint Ownership
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Subject to less means testing
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Sideways Disinheritance
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May not be in your estate when you die
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Subject to Right of Survivorship
​
Part Ownership
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Subject to less means testing
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Sideways Disinheritance
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No right of Survivorship
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Subject to Probate assessment
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