Joint ownership is a good substitute for a will.

Name: Joint ownership is a good substitute for a will.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Joint ownership only covers the assets owned jointly and does not address the distribution of an individual's sole-owned assets or specific wishes beyond those assets, unlike a will which can comprehensively dictate the distribution of all assets and wishes upon death.

Joint Ownership Is a Good Substitute for a Will