How to Take Title
There are significant Tax & Legal consequences on how you hold title.
We strongly suggest you contact an attorney or CPA for specific advice on how you should actually vest your title.
Title Vesting Options
Ex. Jane Doe, a married woman, as her sole and separate property.
Ex. Jane Doe and John Doe, wife and husband, as community property.
Ex. Jane Doe and John Doe, wife and husband, as joint tenants with right of survivorship.
TENANCY IN COMMON
Ex. John Doe, a single man as to an undivided 1/3 interest and James Smith, a single man as to an undivided 2/3 interest, as tenants in common.
Check with a Trust Attorney as to the proper way to hold title.