Joint tenancy:Typically referred to asJTWROS(joint tenancy with right of survivorship), this is the most common form of titling property that two or more people own. When one owner dies, ownership automatically transfers to the surviving owner(s) through an automatic right of survivorship. Tenanc...
If you own property or financial accounts with multiple individuals, you have several options for ensuring that the survivors continue to own these assets after your death. It's important to understand how these commonly used joint ownership, or joint titling, designations work, and the pluses a...