Joint Tenants Vs. Tenants In Common & Double Probates
Sometimes we get contacted by a client whose right to property comes about through two separate deaths. Mom and Dad own a property, but instead of owning it as joint tenants, they own it as tenants in common. Sadly, if the title is Jack and Jill as Husband and Wife that is interpreted under Nevada law to mean tenants in common.
If the property is owned as joint tenants by two people, when the first one dies, the other automatically succeeds to ownership and this can be established by filing an Affidavit of Death of Joint Tenant.
Tenants In Common
But, if the property is one as tenants in common and one dies and then the other dies, it will take two probates to get the property over to the heirs.
If this is the case talk to us about a discount on the second probate. Both probates can be filed simultaneously.
Discounts on Nevada Uncontested Probate
We offer substantial discounts from statutory attorney fees in all Nevada uncontested probates and for uncontested California probates over $400,000.