gerard2006
Member
- Jurisdiction
- New York
Folks - I know me and my wife co-own property but what document lists the type of co-ownership? As I understand, there are 4 types
(1) tenancy in common,
(2) joint tenancy,
(3) joint tenancy with rights of survivorship and
(4) tenancy by the entirety.
Secondly, do any of the above allow a single spouse to sell property to a 3rd party without the other spouse' authorization. I ask this because if one spouse is incapacitated, I want the ability to do this as medicaid long term care take into account your home equity limit
Thanks
(1) tenancy in common,
(2) joint tenancy,
(3) joint tenancy with rights of survivorship and
(4) tenancy by the entirety.
Secondly, do any of the above allow a single spouse to sell property to a 3rd party without the other spouse' authorization. I ask this because if one spouse is incapacitated, I want the ability to do this as medicaid long term care take into account your home equity limit
Thanks