Estate planning when co-owning assets with a non-spouse requires careful consideration to ensure your wishes are honored and to avoid future disputes. This is particularly important for co-owned businesses or real property , as your share won't automatically pass to your co-owner upon your death unless legally specified. 1. Understanding the Co-Ownership Structure The first step is determining how you co-own the asset, as this dictates what happens to your share upon your

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Before letting yourself get overwhelmed with complex estate planning decisions like transferring your property into trusts, dividing...