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Happy Family at Home
Understanding Vesting

Vesting, or more commonly called "holding title", is a way of legally saying that you own something. There are several ways that homeowners can “hold title”. It is important to know that, selections, can carry significant impact on taxes, and/or one’s ability to transfer ownership rights in the future. Now is a good time to start thinking and researching how you want to hold title. 

Concurrent Co-Ownership Interests The comparison below is provided for information only. It should not be used to determine how you hold title. We strongly recommend that you seek professional counsel from an attorney and/or CPA to determine the legal and tax consequences of how title is vested.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Provided by Fidelity National Title

 

All provided literature on this matter is for general information only. For specific questions, financial, tax, or estate planning guidance, I strongly suggest you contact your CPA, a Real Estate Attorney or Certified Public Accountant for their recommendation on your own unique particular circumstances. Please note, that I cannot provide advice you on this matter, as I am not an attorney, financial advisor or a tax professional. 

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Content by Nina Brown Alameda Realtor

Content by Real Estate with Nina Brown

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