When it comes to owning there's more than one way
How you hold that deed decides who'll pay
Sole ownership's easy it's all just you
But probate might grab it-boo-hoo-hoo!
It's a property party let's get it clear
Who gets the house when you're not here?
Tenants in common or JTWROS
Own it together or leave a mess!
Tenants in common each owns their share
But when one's gone it's probate they'll stare
JTWROS-joint tenants with flair
Survivor takes all no probate to bear!
It's a property party let's get it clear
Who gets the house when you're not here?
Tenants by entirety or community too
Each has rules so know what to do!
Tenants by the entirety it's for married pairs
It's love and property all bundled with care
Community property it's a spouse's delight
Share it all equal no solo flight
Taxes and probate they'll come for your stuff
But the way you hold title can make it less tough
From sole to shared it's a legal maze
Get it all sorted before your last days!
It's a property party let's get it clear
Who gets the house when you're not here?
Own it alone or with someone you trust
Keep it airtight avoid probate dust!
So here's to ownership choose it with care
Decide who'll get it when you're not there
With the Property Party you're in the know
Saving your heirs from a probate show!
So here's to ownership choose it with care
Decide who'll get it when you're not there
With the Property Party you're in the know
Saving your heirs from a probate show!