Tenancy By the Entirety in Idaho Explained
When you’re married in Idaho, real estate and other property you acquire during the marriage is community property equally owned by the spouses. If one spouse dies, community property will usually pass to the other spouse, but there may be some special situations. You may also need to plan for separate property. A tenancy by…
Tenancy By the Entirety: Transfer Property to Your Partner
First Thing to note – Tenancy by the Entirety is not recognized in Washington State or Idaho. Instead, Washington & Idaho recognize Joint Tenancy which is close to the concept of Tenancy by the Entirety. In this article, we will discuss how to transfer property to your partner if you live in a state that recognizes…
Does Tenancy By the Entirety Matter Where I Live? (Spokane, WA)
When purchasing a home or property, most people do not know that there are several forms of ownership. Regarding inheritance and passing on property, each form has its own way of affecting your property when you die. It’s a bit complicated, but if you are planning on leaving your children property, you should have a…
Does Washington State Recognize Tenancy By The Entirety?
When you buy a home with your spouse, you may not be aware that the way your ownership is titled can affect what happens to your property if one of you should pass away or if you choose to get a divorce. There are five different ways your ownership can be titled; Sole Ownership, Tenants…
What do I Need to Know About Tenancy by the Entirety?
Estate planning is a very important part of life that many people do not think about until they are retirement age or older. In some cases, that can be too late. Setting up an estate plan when you first get married is a significant step toward planning for your future. Ownership of your property…