Quote:
Originally Posted by Sliver
Yeah having old people convert their accounts wherever possible to joint accounts is the best move. Saves so much hassle.
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Just make sure you select the correct one for certain assets for the situation. Otherwise it can create headaches too.
Joint ownership, JTWROS, tenancy in common, Joint for purposes of administration etc.
I don't know the nuances of each type, but I do know the wrong ones could unintentionally complicate things for certain situations.