Financial Post
June 4, 2026.
Ida Khajadourian, Senior Portfolio Manager at Richardson Wealth, writes that joint ownership, often intended as a simple estate-planning shortcut, can create serious tax, legal, and family consequences if not structured properly.
Saving on probate fees and simplifying estate administration may sound appealing, but parents should understand the tax, legal and estate implications, and consider whether a different approach would better achieve the intended result.
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