When it comes to sharing property with another person, there are a few different forms of legal ownership to choose from. Of these, two common shared estate ownership options include joint tenancy and ...
Marriage, siblings, estates and family ownership can all lead to unwanted trouble from the IRS if property is owned jointly. Should one of those joint owners be indebted to the IRS, the tax agency can ...
Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. Joint ownership with right of survivorship is a convenient way ...
Relationships ending can introduce immediate financial challenges, especially for those with joint property. Homes, investment properties, or land jointly owned bring about legal and financial ...
Owing a house is a significant milestone in one’s life. And owing it jointly with spouse carries a multitude of advantages. This dynamic arrangement where two individuals share rights and ...
We are purchasing a residential house costing ₹51 lakh rupees for our own occupation where me, my brother and my father will be co-owners. The margin money (approx. 33% of the Agreement Value) will be ...
Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South Carolina, where he launched his own financial advisory firm in 2018. Thomas' experience gives him expertise in a ...