ADDITIONAL INFORMATION:
Not sure if any additional legal forms are needed so when I die my son completely owns the property, we both jointly own now.
ANSWER BY MARGARET CROSS-BELIVEAU:
It depends on the type of tenancy that is stated in the deed. You either own it in joint tenancy or tenancy in common. If you own it as a joint tenant, upon the death of one of you, the surviving joint tenant becomes the sole owner. If you own it as a tenant in common, the deceased’s interest would have to be probated.
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Legal Disclaimer: Please note that this answer does not constitute legal advice, and should not be relied on since each situation is fact specific, and it is impossible to evaluate a legal problem without a comprehensive consultation and review of all the facts and documents at issue. This answer does not create an attorney-client relationship. A lawyer experienced in the subject area and licensed to practice in the jurisdiction should be consulted for legal advice.
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