Legal Question in Wills and Trusts in Missouri
A new car my wife and I just bought has the owners on the car title listed as my name and my wife,s name as the owners. If one of us dies will that be a problem in the future concerning selling the car or trading it in on a new car. Or should the title be listed as my name OR my wifes name as owners.
Asked on 3/18/14, 8:44 am
1 Answer from Attorneys
Anthony Smith
LawSmith
If things are as you say, you and your wife are joint tenants. When one dies, the other can get full ownership. If you are concerned, you can change it to one of you TOD the other.
Good luck
Answered on 3/19/14, 11:27 am