Joint ownership of bank accounts — i.e., where more than one person is designated as an owner — is a common form of ownership. It is usually done out of convenience or as a basic form of estate planning to ensure that any funds in the jointly owned bank account pass to a surviving co-owner….
Legal Articles
Joint Tenancy with Right of Survivorship, Severance
Real estate can be held and titled in several different ways. When there is more than one owner, one of the most common ways the property is held is as joint tenants with rights of survivorship. If property is held this way, the co-owners share one undivided estate, with the distinctive characteristic of the right…