Posted on: 15th Jan, 2009 12:11 pm
I have property held as jtwros and would like to change the way it is held to community property...I have property held as jtwros and would like to change the way it is held to community property
Hi Guest!
Welcome to forums!
Is your state a community property state? As far as I know, in some states, property acquired by either of the spouse during the course of a marriage is considered community property. As far as joint tenancy with right to survivorship is considered, it can be revoked. However, I would suggest you to take the opinion of a lawyer in this regard. He/she will be able to tell you whether you will be able to revoke the deed or not.
Feel free to ask if you have further queries.
Sussane
Welcome to forums!
Is your state a community property state? As far as I know, in some states, property acquired by either of the spouse during the course of a marriage is considered community property. As far as joint tenancy with right to survivorship is considered, it can be revoked. However, I would suggest you to take the opinion of a lawyer in this regard. He/she will be able to tell you whether you will be able to revoke the deed or not.
Feel free to ask if you have further queries.
Sussane