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Arizona Real Estate Law
by Christopher A. Combs
The following is for informational purposes only and is not intended as definitive legal or tax advice. You should not act upon this information without seeking independent legal counsel. If you desire legal, tax or other professional advice, please contact your attorney, tax advisor or other professional consultant.


Estate Planning Options for Sibling Relatives

Question: I am a widow who owns my home in Chandler free and clear. I am wondering if I can name more than one child in a Beneficiary Deed to take title to my home after I die? I have two sons and I would like them both to be on the title.

Answer: You can name both sons as grantees on the Beneficiary Deed. If you want each of your sons to have an interest in the home after you die, which your sons can pass on to their own heirs, you should name your sons as 50-50 tenants in common. If you want the surviving son to own the home 100% after the first son dies, then you should designate ownership as joint tenants with right of survivorship.


Phoenix attorney Christopher A. Combs is a partner with the firm of Combs Law Group, P.C. Reprinted with permission.
Copyright 2004, all rights reserved.


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