Quick Answer
Yes. A fideicomiso can have multiple beneficiaries, allowing couples, family members, or business partners to co-own property. The trust document specifies each beneficiary's ownership percentage and rights. Joint tenancy with right of survivorship is also available, meaning if one owner dies, their share automatically transfers to the surviving co-owner.
Detailed Answer
Yes — a fideicomiso can include multiple beneficiaries, making it straightforward for couples, family members, or business partners to co-own property in Mexico. The trust document specifies each beneficiary's ownership percentage, rights, and responsibilities. This is especially popular among married couples and families who purchase vacation homes or retirement properties together in Los Cabos.
Joint tenancy with right of survivorship is also available within the fideicomiso structure, meaning if one co-owner passes away, their share automatically transfers to the surviving beneficiary without going through probate. This is a powerful estate planning benefit that simplifies inheritance. Alternatively, tenancy in common allows each party to designate separate heirs for their ownership share. Your closing attorney can recommend the structure that best fits your situation.
It is one of the most common questions our clients ask, particularly couples purchasing their first property abroad. Our team walks you through the co-ownership options during the buying process to ensure the trust is set up correctly from day one. Learn more about fideicomiso structures, beneficiary designations, or contact us to discuss your purchase.