Under joint tenancy with the right of survivorship,two or more individuals share ownership of the assets;when one of the owners dies that owner's share of the assets becomes part of the deceased's estate and is distributed according to the deceased's will.

Question

Quizplus · Accepted Answer

Under joint tenancy with the right of survivorship, when one of the owners dies, their share of the assets automatically passes to the surviving owner(s) and does not become part of the deceased's estate.

Under Joint Tenancy with the Right of Survivorship,two or More