Podcast Episode Details

[Song] The Property Party Jam

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[Verse 1]

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!

[Chorus]

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!

[Verse 2]

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!

[Chorus]

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!

[Bridge]

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.

[Verse 3]

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!

[Chorus]

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!

[Outro]

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!

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Published on 11 months, 3 weeks ago