Uncles Cabin Transfer Options

Summary

In Tennessee, property can be held as joint tenants with rights of survivorship or as tenants in common. Joint tenants automatically pass their share to the surviving owner upon death, while tenants in common pass their share to their estate. Consult a local attorney for specific advice on transferring property ownership, especially when dealing with issues like dementia and power of attorney.

Full Conversation

Uncle wants to leave me cabin. Deed had his name and a friends name on it. We all * went and did a quit claim. Friend has dementia. Sister is his POA and said he can't sign legal paperwork and wants his name back on deed. Uncle says friend is still signing for checks and medical paperwork and he knew what he was signing. Uncle does not want her to end up with cabin. If I agree to put friends name back on deed, does it have to go back to my uncle's name and friends name or can my uncle give me his half and have my name and friend's name on deed? We suspect she wants my uncle's name on deed since he is * and if he dies before friend who is *, she gets cabin. If my name is on deed (*) with friend's name chances are I will outlive him. We are back to me getting the cabin. Is this possible to do?
Hello Karen. Could you please tell me where the cabin is located? The laws regarding property transfer vary by location, so I need this information to provide the most accurate advice.
Dandridge Tennessee
In Tennessee:
- Joint tenants with rights of survivorship: If one owner dies, the property automatically passes to the surviving owner.
- Tenants in common: If one owner dies, their share goes to their estate, not the surviving owner.

Note: Please consult a local attorney for advice on your specific situation.