HOW TO TAKE TITLE TO CALIFORNIA REAL ESTATE AT TIME OF PURCHASE
Co-owners can avoid probate on the death of the first owner with the magic words “as joint tenants.”
Options to own are; in name only, as a co-owner, in trust, or as a business entity. The major distinction between these options is on the death of the real property owner, how will the real property transfer. Will it transfer in or out of probate court? Probate is time consuming, expensive and a matter of public record.
Author: Mark W. Bidwell