Legal Question in Wills and Trusts in Arizona
In Arizona if a father and daughter own a property as JTWROS (originally with long since deceased mother) and the father dies after putting the property in his living trust, does this automatically make the trust and the daughter tenants in common, or does the daughter now own the entire property? (Sorry it's so long and convoluted)
Asked on 9/01/14, 11:16 am
1 Answer from Attorneys
Leslie Spira
Leslie Spira Attorney At Law
The father placing the property in trust could sever the joint tenancy. If you have access to the trust we would need to see the wording. Worst-case scenario is that the daughter holds title as tenants in common.
Answered on 9/12/14, 10:03 am