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December 2019 Archives

Understanding joint tenancy arrangements

Those who own property with a spouse or another person may be able to title the property in a way that potentially avoids going through probate. Pennsylvania residents and others may achieve this goal by creating joint tenancy with right of survivorship. This means that when one owner dies, another will automatically inherit his or her share of the property. Generally speaking, such rights can only be granted if all owners have an equal share of the asset.

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Steppacher Law

224 Adams Avenue
Courthouse Square
Scranton, PA 18503

Phone: 570-800-2600
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