I have new clients, a same-sex couple. When interviewing them about their assets, they told me that they own their home as joint tenants with rights of survivorship (JTROS), and not as tenants-in-common (TIC). In brief, the difference between the two are as follows. If two people own property as JTROS, then upon the death… Read More
Same Sex Couples Need Estate Planning As Much as, or Even More Than Legally Married Couples
Over the past few years, one of the most active and contentious political issues in this country has been that of gay, or same sex marriage. Proponents of same sex marriage have argued that a married couple automatically has “1400” rights just by virtue of being married. They argue that since same sex couples are… Read More
