New Jersey  |  Wills and Trusts

Legal Question

Asked on: 9/29/13, 11:52 am

Passing my Townhouse to my husband after death:

My husband and I each have wills which leave everything to each other. We have individual accounts and all are titled POD to each other. We have no children or inheritors. Only the townhouse is in my name only. What is the advantage of retitling in both our names JTWRS. Are there tax implications and must everything go through probate?

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