Tag: Joint and Several

How Joint Liability Creates Estate Problems

I am talking about Joint and Several liability in an estate context today. Let’s look at the joint liability of executors, or estate trustees, in estates. Next, I‘ll give you dangers you can avoid when making powers of attorney. Estate Executors Let’s say you and your cousin…
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“Joint and Several” True Meaning Revealed

Do you find the phrase “joint and several” confusing? These are dangerous words to misunderstand. They show up frequently in various legal documents. Let me share some stories that reveal the true meaning of these words. Joint means sharing, and in this story it means shared ownership….
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