Preserving Family Wealth for Generations

mail info@voellerlaw.com

office-ph(210) 651-3851

address19311 FM 2252 Suite 103, San Antonio, Texas 78266

What is Joint Tenancy with Rights of Survivorship? (in some states “Tenancy by the Entirety” when between spouses)

This is the most common form of asset ownership between spouses. Joint tenancy (or TBE) has the advantage of avoiding probate at the death of the first spouse. However, the surviving spouse should not add the names of other relatives to their assets. Doing so may subject their assets to loss through the debts, bankruptcies, divorces and/or lawsuits of any additional joint tenants. Joint tenancy planning also may result in unnecessary death taxes on the estate of a married couple.

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Serving the greater San Antonio, Bexar County, Comal County, Guadalupe County, and South Texas areas, the attorneys at the Voeller Law Firm have over 35 years of experience helping families plan for their futures, protecting surviving spouses, and safeguarding assets for children and grandchildren.

James Voeller
Member WealthCounsel
The Advisors Forum
The College of the state bar of Texas
Department of Veterans Affairs