Does joint ownership avoid the need for having a Will?

Most assets held in joint names pass automatically to the survivor upon the death of one of them. There are advantages and disadvantages in holding assets jointly depending upon your particular circumstances. Your attorney can best advise you in this respect.

Show All Answers

1. What is a Will?
2. Should everyone have a Will?
3. What if there is no Will?
4. Does a Will become outdated?
5. Must a Will be witnessed?
6. When must a Will be registered?
7. When should a Will be changed?
8. How much does a Will cost?
9. Does a Will create more probate expenses?
10. Can life insurance take the place of a Will?
11. Does joint ownership avoid the need for having a Will?
12. Are taxes payable on an estate?