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Author Question: Joint tenancy property is called a non-probate asset because the property automatically passes to ... (Read 109 times)

Starlight

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Question 1

With a joint tenancy, if Tina, Todd, and Ted each own 1/3 share of a lake house with a right of survivorship, and suddenly Todd dies. What portion does each, both Tina and Ted, now immediately own?


◦ 1/4
◦ 1/2
◦ All of it
◦ 1/3

Question 2

Joint tenancy property is called a non-probate asset because the property automatically passes to the survivor(s) as a:


◦ Matter of federal court
◦ Matter of probate court
◦ Matter of law
◦ Matter of the will


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Marked as best answer by Starlight on Feb 28, 2019

Meganchabluk

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Starlight

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Reply 2 on: Feb 28, 2019
:D TYSM


sailorcrescent

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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