There’s a fine line between holding on to important financial and medical records … and hoarding.
It's very common for spouses to title property they own together as ‘joint with right of survivorship.’ When one passes, the other owns the property outright. It’s simple, easy and automatic. However, it can get messy when the other joint owner isn’t your spouse.
Joint tenancy is an arrangement that allows beneficiaries to access your account, without having to go to court.