In what type of ownership is each individual considered to own a proportionate share for tax purposes with only your share being included in your estate?

Question

Quizplus · Accepted Answer

Tenants in common is the ownership where each individual owns a proportionate share and only their share is included in their estate for tax purposes. In this type of ownership, each person has the right to sell or transfer their share without the consent of the other owners.

In What Type of Ownership Is Each Individual Considered to Own