How do I give my share of an asset if I only own part of it?
If you only own a portion of an asset (such as 50% ownership of a property under a tenancy-in-common arrangement), select "Ownership Type" as "Shares" on the platform and specify the percentage of your ownership accordingly.
The ownership is not necessarily always equal. You could own only a minority share of the asset (e.g. 10% of the asset) or a majority share of the asset as well ( e.g. 79% of the asset).
To give the entirety of your share of the asset, select "Entire" under "Allocate Asset."
To give only a portion of your share, select "Partial" under "Allocate Asset."
Note: Allocating 20% indicates that you are giving 20% of YOUR SHARE of the asset (e.g. 10% of the WHOLE ASSET if you own 50%), and not 20% of the WHOLE ASSET owned collectively by you and the other owner(s).