Joint tenancy property is called a non-probate asset.

Author Question: Joint tenancy property is called a non-probate asset. (Read 37 times)

evelyn o bentley

Hero Member
Posts: 564

on: Mar 2, 2019

Question 1

In concept of joint tenancy, if the death of one of the tenants occurs, their interest automatically comes up for sale to others of interest in that item.

◦ true
◦ false

Question 2

Joint tenancy property is called a non-probate asset.

◦ true
◦ false

Wills, Trusts, and Estates Administration ¦ Herskowitz ¦ 5^th Edition

Buy Test-Bank

TheDev123

Sr. Member
Posts: 332

Reply #1 on: Mar 2, 2019

Answer 1

false

Answer 2

true

Need homework help now?

Ask unlimited questions for free

Ask a Question

evelyn o bentley

Hero Member
Posts: 564

Reply #2 on: Mar 2, 2019

Thank you!

TheDev123

Sr. Member
Posts: 332

Reply #3 on: Mar 2, 2019

Always glad to help...

« previous next »

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.