Under What Type of Ownership Is the Property Considered Owned

question 77

Multiple Choice

Under what type of ownership is the property considered owned 50-50 for estate tax purposes and passed automatically to your spouse at your death?

• A)tenants in common
• B)tenancy by the entirety
• C)joint tenants with the right of survivorship
• D)tenancy by seniority
• E)tenancy by default

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Definitions:

Ducts

Channels or tubes in the body through which fluids or other substances are transported or secreted.

Colostomy

Incision of the colon for the purpose of making a more or less permanent opening.

Artificial Opening

A surgically created opening in the body for the discharge of bodily fluids or waste, often referred to as a stoma.

Rugae

The folds or ridges found on the internal surface of an organ, such as the stomach, which allow for expansion.