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What is Tenancy by the Entirety?

There are several different ways to "hold" or "take" title to a home in the State of Illinois, and the most beneficial way to hold title is dependent on factors that vary depending on the specific circumstances surrounding the transaction. One way to take title to a home in the State of Illinois is called Tenancy by the Entirety. Tenancy by the entirety is a way to take title to your land that is available only to married couples for their homestead property, and provides additional protection for marital property. The main benefit of tenancy by the entirety is that only joint creditors (creditors of both the husband and the wife) can reach the home where the home is held in tenancy by the

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