Inherited_Property
New Member
Scenario:
3 people inherited real property in equal shares in a trust. The trust calls for distribution in equal shares to the 3 beneficiaries.
Question:
Do all the beneficiaries have to take title in the same manner ?
Note:
Looks like between tenancy in common & joint tenancy. It would make sense to have 2 people as tenancy in common and 1 person as joint tenancy.
3 people inherited real property in equal shares in a trust. The trust calls for distribution in equal shares to the 3 beneficiaries.
Question:
Do all the beneficiaries have to take title in the same manner ?
Note:
Looks like between tenancy in common & joint tenancy. It would make sense to have 2 people as tenancy in common and 1 person as joint tenancy.