Advance Care Planning: Joint Tenancy vs. Tenants in Common

CGS Staff

When

09/11/2025    
12:00 am - 1:00 pm

In Colorado, specific laws govern how individuals own property together. There are generally two ways in which property is held: Joint tenancy or tenants in common:

  • Joint Tenancy: Each owner has an equal and undivided share of the property. When one owner passes away, their share passes to the surviving joint tenant;
  • Tenants in Common: Each tenant owns a percentage of the asset.

This Advance Care Planning topic reviews the pros and cons of each type of ownership.

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