Accounts, Suitability and RetirementFree0 of 44

In a joint account registered , a deceased owner's interest passes directly to the surviving owner

Tap the card to flip it

Answer

JTWROS

Joint tenancy with right of survivorship bypasses the estate, which is why married couples often choose it.

Rate yourself honestly once you flip. Guesses come back sooner.

Knew it 0Unsure 0Guessed 0