What Does Tenancy By The Entirety Mean
Tenancy by the entirety is a form of ownership available to married couples for certain property. It can provide survivorship rights and, in some circumstances, creditor protection. Because the rules are technical, ownership should be reviewed carefully as part of an estate and asset protection plan.
Video Transcript
Question: What Does Tenancy By The Entirety Mean?
Answer: Tenancy by the entirety is a form of ownership available to married couples for certain property. It can provide survivorship rights and, in some circumstances, creditor protection. Because the rules are technical, ownership should be reviewed carefully as part of an estate and asset protection plan.
This information is provided for general educational purposes for individuals and families considering estate planning, trust planning, incapacity planning, or probate matters in Boca Raton and throughout Florida. Every family situation is different, so legal documents should be reviewed with a qualified Florida estate planning attorney before relying on any general information.
What Does Tenancy By The Entirety Mean?
Tenancy by the entirety is a form of ownership available to married couples for certain property. It can provide survivorship rights and, in some circumstances, creditor protection. Because the rules are technical, ownership should be reviewed carefully as part of an estate and asset protection plan.
For help applying this information to your own estate plan, contact Cohen Samuels, PLLC in Boca Raton at (561) 600-1250.
