Jun 12, 2018, 10:36 AM
Many married couples own their homes as Tenants by the Entirety with right of survivorship as at Common Law. This form of ownership usually protects the house in the event one of the spouses has a creditor issue (i.e. judgement). What many spouses and even some professionals do not realize is that married couples can own almost any asset (real or personal) as Tenants by the Entirety with the right of survivorship in Virginia and thereby protect those assets from the creditor of just one of the spouses.