Legal Question in Real Estate Law in New Jersey
I need to know what legal form to use for a joint ownership of property by 2 single adults: joint with rights of survivorship. we live in new jersey and this is our vacation home we purchased together. what type of will?
Asked on 2/15/10, 5:07 pm
2 Answers from Attorneys
Locksley Wade
Law Office of Locksley O. Wade
If you are considering jointly owning real property, I would recommend that you obtain a "Joint Trust with Rights of Survivorship" deed. Subsequent changes to such a deed would require both signatures. A change to a will can occur at any time without notice to a beneficiary.
Answered on 2/21/10, 5:06 am
Robert Gleaner
Robert A. Gleaner, P.C.
This is a complex question with many nuances that cannot be answered without other issues being resolved. You need to seek the advice of a New Jersey attorney. Feel free to call me at 856-546-8010. Good luck! Rob Gleaner
Answered on 2/21/10, 10:38 am