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WEDNESDAY, MARCH 09, 2011

Ask the Experts: The lowdown on joint tenant rules

Paying off the mortgage; passing a home's title to an adult child. This week, those mortgage-related topics are addressed by estate planning attorney Lynn Dean, who answers readers' questions at Sacbee.com.

To see more of her "Ask the Experts" advice, go to: www.sacbee.com/ask. That's where you can also find answers on taxes, investing and other money matters.

To avoid probate, I'm thinking of putting my married daughter on my house deed as a joint tenant with right of survivorship. When I die, does my house become community property with her husband or does she inherit it alone? In case of divorce, would her husband have any claim on the house?

Read more: http://www.sacbee.com/2011/03/09/3460151/ask-the-experts-the-lowdown-on.html#ixzz1G7YKXXU7

"Cliff Cottam Insurance Services is committed to finding and sharing content that is valuable, important, and easily understood.  The above article is written by Claudia Buck and does just that. "


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