Harry and Brenda are husband and wife.Using his funds,Harry purchases real estate which he lists as: "Harry and Brenda,tenants by the entirety with right of survivorship." If Brenda dies first,half of the real estate will be included in her gross estate.

Question

Quizplus · Accepted Answer

When real estate is held as tenants by the entirety, it is owned jointly by the husband and wife. Upon the death of one spouse, the surviving spouse automatically becomes the sole owner of the property. Therefore, if Brenda dies first, half of the real estate will not be included in her gross estate because it will pass to Harry by operation of law.

Harry and Brenda Are Husband and Wife