Sentences with phrase «title into joint names»

The presentation was pretty wide - ranging, but if there was one point I wanted to drill into the non-family lawyers it was not to be casual about putting title into joint names for people buying property.

Not exact matches

There is a presumption that when one person transfers title to property gratuitously into the name of another (including into a joint tenancy) the transfer is not a gift, but the person receiving an interest in the title gratuitously, holds the title in trust (known as a resulting trust) for the transferor during her lifetime, and for her estate after death.

An exception exists if you muddied the waters of your separate ownership, such as if you titled a particular asset in joint names or deposited your separate money into a joint marital account.