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Updated 8 months ago on . Most recent reply

User Stats

127
Posts
20
Votes
Kay March
  • Gainesville, FL
20
Votes |
127
Posts

Can TICs avoid probate, like DSTs?

Kay March
  • Gainesville, FL
Posted

One advantage to DSTs is that they don't go through probate when the owner dies. The trustee distributes the owner's interest according to the owner's instructions, as I understand it. The owners of TICs receive deeds, though, and I'm wondering whether those can be "lady bird" deeds with a beneficiary, which would also eliminate probate.

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