Several years ago, Tad purchased land listing ownership as "Tad, Ellen, and Kay, equal tenants in common." In the current year, Kay dies first. One-third of the value of the land is included in Kay's probate estate.

Question

Quizplus · Accepted Answer

When three or more individuals own property as tenants in common and one of them dies, their share of the property passes to their estate and is subject to probate. In this case, Kay's one-third share of the land is included in her probate estate.

Several Years Ago, Tad Purchased Land Listing Ownership as "Tad