Is it advantageous to own my home as Joint Tenancy ?
If you are married and your home is a Community Property, it is generally more advantageous to own your home as "Community Property with Right of Survivorship" rather than "Joint Community Property with Right of Survivorship is a relatively new form of ownership, so if the home was purchased many years ago, it is generally more advantageous to use "Community Property with Right of Survivorship" instead of "Joint Tenancy". Since Community Property with Right of Survivorship is a relatively new form of ownership, there are many cases where the property ownership is still in Joint Tenancy if the house was purchased many years ago. However, Community Property with Right of Survivorship is more likely to reduce taxes, especially if the value of the home has increased since purchase.