Assets held in joint tenancy with the right of survivorship will escape estate taxes.

Question

Quizplus · Accepted Answer

Assets held in joint tenancy with the right of survivorship may still be subject to estate taxes. The entire value of jointly held property may be included in the estate of the deceased, depending on the decedent's contribution to the property, unless it can be proven that the surviving joint tenant contributed to the purchase.

Assets Held in Joint Tenancy with the Right of Survivorship