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
 

• Subject to full means testing

• Sideways Disinheritance

• Subject to Probate assessment

Joint Ownership
 

• Subject to less means testing

• Sideways Disinheritance

• May not be in your estate when you die

• Subject to Right of Survivorship

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Part Ownership
 

• Subject to less means testing

• Sideways Disinheritance

• No right of Survivorship

• Subject to Probate assessment

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