Does the House Automatically Go to the Surviving Spouse If Both Are on the Title?
When you bought your home 10 years ago, you and your spouse did not think twice about putting both your names on the title. After all, this was your dream home—a place to build a family together and create memories that will last a lifetime. So, why not share ownership? Not to mention, you each wanted to ensure that if one of you passed away in the far off future, the property would automatically go to the surviving spouse.
While that last part is certainly true in that each of you will share ownership of the property by having both names on the title, we as estate planning attorneys must point out that the surviving spouse does not “automatically” inherit the home.
To learn more, read Leigh's full blog.
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