Wills Articles #Property

Couples usually buy a property together as joint tenants, which means they both own the entire property, and the ownership automatically transfers to the surviving owner in case of one owner's death. If you want to gift your share of the home in your Will, you must change the ownership to tenants in common

Useful for a person wishing to grant their surviving spouse the right to reside in their marital home until their passing while ensuring their children or grandchildren inherit their portion of the estate.