- Revenue Cycle Management
- COVID-19
- Reimbursement
- Diabetes Awareness Month
- Risk Management
- Patient Retention
- Staffing
- Medical Economics® 100th Anniversary
- Coding and documentation
- Business of Endocrinology
- Telehealth
- Physicians Financial News
- Cybersecurity
- Cardiovascular Clinical Consult
- Locum Tenens, brought to you by LocumLife®
- Weight Management
- Business of Women's Health
- Practice Efficiency
- Finance and Wealth
- EHRs
- Remote Patient Monitoring
- Sponsored Webinars
- Medical Technology
- Billing and collections
- Acute Pain Management
- Exclusive Content
- Value-based Care
- Business of Pediatrics
- Concierge Medicine 2.0 by Castle Connolly Private Health Partners
- Practice Growth
- Concierge Medicine
- Business of Cardiology
- Implementing the Topcon Ocular Telehealth Platform
- Malpractice
- Influenza
- Sexual Health
- Chronic Conditions
- Technology
- Legal and Policy
- Money
- Opinion
- Vaccines
- Practice Management
- Patient Relations
- Careers
Joint ownership of investment property can backfire
My brother and I bought an investment property jointly years ago, before I married. If I die before he does, will my share of the property go to him or to my wife, who's my sole heir in my will?
My brother and I bought an investment property jointly years ago, before I married. If I die before he does, will my share of the property go to him or to my wife, who's my sole heir in my will?
It depends on the form of joint ownership. If you and your brother own the building as joint tenants with right of survivorship, the property will go to your brother regardless of your will's instructions. To make sure your wife gets half the value, you'd have to change ownership to "tenants in common." That way you and your brother could each dispose of your half of the property as you choose, and your share would then pass to your wife.
