Statement regarding COVID-19
We are following advice to do all we can to minimise risk to our clients and staff while maintaining the service you expect of us. For obvious reasons we ask you not to call at the office. We shall do all we can by post, telephone and email. Please understand that while all letters, emails and messages will be answered, this may take longer than usual.

Declarations of a Trust where a Property is owned by two or more people

There are two distinct forms of joint ownership. If there is a “joint tenancy”, the property automatically passes to the surviving owners on the death of one owner. This will happen even if a will says otherwise.

Under a tenancy in common arrangement, the property can be owned equally or in any other agreed proportions. A tenancy in common share can be left by will or will pass under the intestacy rules. A declaration of trust will record the ownership shares and any other arrangements between the property owners.

Ownership can be changed from one form to another, where needed.