What type of tax implications are there when vesting property. ie. Community Property with the Right of Survivorship vs. Joint Tenancy?

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You need to consult with an attorney with respect to holding (or changing) title to property since there are consequences other than taxes to consider.

One impact with title held as community property, is when the first spouse dies the entire basis of the asset is stepped up to the fair market value on the date of death. If title is held as joint tenants, only the decedent's half of the property receives the step up in basis.