Los Angeles, CA asked in Real Estate Law for Missouri

Q: Estate Planning - Joint tenancy when buying a house

wife buying a house and title company forgot to put it in joint with husband in MISSOURI. Is there any consequences tax wise or any other way if it isn't in joint? I was told he would have 50% vested interest in it anyway in Missouri.

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1 Lawyer Answer
Jennifer Sheila Kornblum
Jennifer Sheila Kornblum
Answered
  • Springfield, MO
  • Licensed in Missouri

A: If you are identified as husband and wife in the deed, Missouri treats it as a tenancy by the entirety, not joint tenancy. If husband is not on the deed at all, you should probably talk to an attorney about adding him.

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