DIY Death Transfer by Deed Is No Substitute for a Good Estate Plan
Joint Tenancy or California’s new “Transfer on Death Deed” May Help with Do-It-Yourself (DYI) Planning, But It Is Easy to Make Mistakes. Existing law allows a “joint tenancy with right of survivorship” deed (“JTWROS”), which gives two or more persons current ownership of property that then passes to the surviving owner(s) upon the death of one of them. Many spouses hold title as JTWROS, which is usually not a problem. But some people use JTWROS to put one or more of thSign