Joint Tenancy as an Estate Planning Tool

Paul H Gessaman ( September, 1996 )

Summary

Joint tenancy is a way of sharing ownership among two or more persons in which each joint tenant holds an equal and undivided interest in the property. Under joint tenancy, the deceased´s ownership interest automatically is transferred to surviving joint tenant(s) upon the death of any joint tenant.

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Organization

University of Nebraska Extension

Publisher

University of Nebraska

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782

Material Type

Written Material