Thompson & Associates

Join President of Thompson & Associates, Cayce Powell, as he speaks with Senior Vice President Tom Cullinan, J.D., as they continue their discussion on the topic of property, specifically focusing on joint ownership. In this podcast, they will cover the following points, and more:1. What are some ways two or more people can own property? 2. What’s the difference between a community property state and a separate property state? 3. For property I own with someone else, how can I tell what type of ownership it falls into?4. What happens at the death of one owner if the title lists two or more owners with the words “tenants in common” or has no words? 5. If the title of a bank account or other asset has the words “as joint tenants” or something similar, what does that mean? 6. What are different ways ownership can be transferred at death?7. Does the value of property add any level of complexity to transferring the property or estate planning?EP – The Estate Planning (EP) podcasts, hosted by Thompson & As