Investor Glossary-joint tenancy with right of survivorshipInvestor Glossary-joint tenancy with right of survivorshipInvestor Glossary-joint tenancy with right of survivorshipInvestor Glossary-joint tenancy with right of survivorshipInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Joint Tenancy With Right Of Survivorship

The HTML to link to this page
 

In joint tenancy with right of survivorship, each party owns an 'undivided interest' in the account. If one party of a joint tenancy with right of survivorship should perish, the other becomes the sole owner. This joint tenancy with right of survivorship transfer avoids probate but estate taxes may apply depending on the total amount transferred. A common option of a joint tenancy with right of survivorship is through a husband and wife relationship. Another popularly used name for a joint tenancy with right of survivorship is "Tenants by Entirety". There are typically two options available to those who enter into an ownership of value jointly; joint tenancy with right of survivorship and tenancy in common. The latter option, as opposed to joint tenancy with right of survivorship, allows each party to specify their particular interest in the account and include it in their estate value. Business relationship partners tend not to use joint tenancy with right of survivorship.



Rate this joint tenancy with right of survivorship definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: real GDP, per diem, APR, open position, ex-dividend date, current ratio, VIX, Zero Cost Collar, reverse mortgage, option premium, LIBOR, 1031 exchange, risk management, phantom income, cancelled check, FICO score, command economy, wholly-owned subsidiary, dividends payable, EBITDA, stock market close, balance sheet, deferred revenue, minority interest, irrevocable trust, deferred tax, required rate of return, 144a, FTSE, in escrow, limit order, stock split, implied volatility, debt service coverage, annual return, labor relations, quality assurance, ex-dividend, average price per share, inflation, 401a, 1035 exchange, class C shares, diluted share, margin rate, Key Rate Duration, retained earnings, liquidity ratio, covered put


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2015 Investor Glossary - All rights reserved - Terms of Use