How the title will be listed on the deed

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Reference no: EM133357558

Case Study: In Ontario, California, married couple Barry and Ley jointly purchase a house for their family. Both of the men have been married previously and have children from their previous marriages who are all now adults. Because both sets of parents have made provisions for their children in their wills, the husbands have come to the conclusion that, in the event that one of them passes away, the other should inherit the house.

1. Which form must be completed to establish how the title will be listed on the deed, and what information must be included there?

2. After another five years, Barry passed away. What is going to happen with the title?

Is a traditional probate of the estate necessary?

3. What are any alternative methods for evading the probate process?

Reference no: EM133357558

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