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James and Elaine are married and live in California. They decide to purchase a home. How will the house most likely be titled? O Community
James and Elaine are married and live in California. They decide to purchase a home. How will the house most likely be titled? O Community property. O Fee simple. OJTWROS. O Tenancy in common. Dale and Dominic have a strong desire to keep their financial affairs private. They have been married for 10 years and are just now beginning to think about their estate plan. Which of the following strategies can they use to ensure that they can avoid probate? Title all assets as tenancy in common. o Title all assets as tenancy by the entirety. o Own assets separately and rely on wills to transfer property at the first death. O Establish a revocable living trust
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