Subscribe to our channel to be updated on our latest videos and get free general advice about Estate Planning, Elder Law, Tax Planning, Retirement Planning, Finances, and Asset Protection.

What about the situation where my widowed adult son is contributing to down payment cost of a new home we are buying and will also be living with Mom and Dad and will be helping with mortgage payments, taxes and living costs? Since he will be living with us, and I have other children, we thought Joint Ownership in this situation would protect his financial interest in the home without the other children creating problems for him later considering his financial commitment to the purchase and costs of this new home.

Great info. that was a big help for me. Mike.

@CastleWealthGroupLegal

3 жыл бұрын

Awesome, glad it helped, Mike!

I own my parents property with 2 of my siblings and one change the deed to give herself 60% of the ownership and me and my other sister only got 20% each and she refuses to change it what to do? We had a explosive argument yesterday about it and she will not change it

How does one remove a joint tenant from title when you can prove they were added by coercive methods, in addition to the deed of trust explicitly prohibiting the addition of vested parties without express written permission from the lender? Background: property is the primary residence of the trustor, it is located in California. Both joint tenants were in a long term relationship, but unmarried. Only one is on the mortgage and that party is the only one to provide any financial investment in repairs, down payment, and payment on mortgage, taxes, insurance, etc. for over 10 years. Other joint tenant initiated a quiet title action less than a month after being added, and they were only added after the property had been owned and occupied for over ten years.

@CastleWealthGroupLegal

11 ай бұрын

Sounds like a trip to probate court

@DianePetriw-gi5ge

7 ай бұрын

​@@CastleWealthGroupLegal3:02 😊

My daughter and I own a property that was going to occupy by me because, I don't have a house. So we were fixing the house until suddenly she dicide to sale we are almost done fixing the house and now she wants to finish the house and sale it, now she has a house to live that her partner and father of her two kids he owns a house in Wichita they live, but I don't have a place to live, because,I put my savings and credit cards and my credit to fix the house , I'm now in about $70,000. Debt from fixing the house and she doesn't care about living me with no money because, she say she will pay my debtbut all the rest is her money

@CastleWealthGroupLegal

Жыл бұрын

Good luck.

@AshleySpeaks4U

4 ай бұрын

She has to sue you to to try to get anywhere. ALL owners have to sign all paperwork, including sale and deed. She cannot sell without your signature.

Joint ownership with someone that use to be a friend. I want to sell.she won't and will not buy me out what can I do

@CastleWealthGroupLegal

7 ай бұрын

That's one of the problems with joint ownership, it might be a trip to court.

I am A joint tenant with my wife and mother can my mother gibe her 3rd to someone else with out our concent this is in the state of maine

@Daniel-oj5jf

Жыл бұрын

I'm in Maine too about to go through this..I'm in York county in Berwick