Under what type of ownership is the property considered owned 50-50 for estate tax purposes and passed automatically to your spouse at your death?

Question

Quizplus · Accepted Answer

Joint tenants with the right of survivorship means that each owner has an equal share, and upon the death of one owner, their share automatically passes to the surviving owner(s), often used between spouses for estate planning.

Under What Type of Ownership Is the Property Considered Owned