Which is an advantage of joint tenancy?
A)The person who creates the joint tenancy has complete control over the property.
B)Joint tenancy avoids probate.
C)All joint tenants must agree before the joint tenancy can be terminated.
D)The surviving recipient of the property previously held in joint tenancy is always the intended beneficiary.

Question

Quizplus · Accepted Answer

Joint tenancy avoids probate because upon the death of one joint tenant, the property automatically passes to the surviving joint tenant(s) without the need for probate proceedings. This is due to the right of survivorship characteristic of joint tenancy.

Which Is an Advantage of Joint Tenancy