27 Main St. County Road 8
P.O. Box 142
Elgin, ON K0G 1E0
Phone: 613 359-5555
Fax: 613 359-6329

Joint Property may avoid Probate

When a house or land is owned jointly, is often can be passed to the survivor without probate action. If stocks or bonds are jointly owned, "with right of survivorship", the beneficiary can arrange for the transfer of title by presenting the required documents to the company's stock transfer agent. However, some forms of joint or community ownership do require probate. An attorney may have to be consulted.


 

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