Joint Tenants to Tenants in Common - still the done thing?
There are a few posts on here about older parents switching their property from Joint Tenants to Tenants in Common to ensure that at least half the value is protected from (potential) care home fees and can instead be left to offspring.
How common is this practice? Do most older homeowners with children eventually make this switch?
It's not something I've come across before. The threads I'm reading about it on are relatively old, so is it still relevant for 2022, or has this been clamped down on in some way since?