People have come to the office looking to set up property for their children who, when coming for consultation, you find out they are likely to be pursuing divorce within the foreseeable future.
A divorce invalidates a will created prior to divorce. Property obtained while married could be subject to division. Care must be taken to insulate items from all that.
Recently someone wanted to buy a condo with a parent, with it going to her children. A joint tenancy with rights of survivorship may be an option. Knowing the marital assets is necessary to determine if property put in joint names will make it subject to being reached in the event of a divorce. Handling these matters is an art, not a science.
