When beginning the estate planning process, two important issues to consider are how your assets are titled and whom you have named as your beneficiaries. Understanding the consequences of how you own your property and whom you have named as your beneficiaries can help avoid some of the common mistakes that may lead to your property being distributed after your death in a manner different than you intend.

Single ownership >

Joint tenancy with right of survivorship >

Tenancy by the entirety >

Tenants in common >

Community property >

Beneficiary designations >