Determining how to take title to your property is a major decision with legal ramifications that may impact you and/or your heirs. 

Tenancy by the Entirety Tenancy
Ownership by married persons where each owns the entire estate, with the survivor taking the whole upon the other's death.

Tenants in Common
An estate or interest in land held by two or more persons, each having equal rights of possession and enjoyment, but without any right of succession by survivorship between the owners.  

Joint Tenants with Rights of Survivorship
An undivided interest in property, taken by two or more joint tenants. The interests must be equal, accruing under the same conveyance, and beginning at the same time. Upon the death of a joint tenant, the interest passes to the surviving joint tenants, rather than to the heirs of the deceased.  

Trust
Legal title to property is transferred by a grantor to a person called a trustee, to be held and managed by that person for the benefit of the people specified in the trust agreement, called the beneficiaries.  

Corporation
Legal entity is a company owned by shareholders but regarded under the law as having an existence separate from those shareholders.  

Life Estate
A grant or reservation of the right of use, occupancy and ownership for the life of an individual.