Assets Held in Joint Tenancy with the Right of Survivorship

question 11

True/False

Assets held in joint tenancy with the right of survivorship will pass outside of the will and the probate process.

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Definitions:

Skewness

Skewness is a measure of the asymmetry of the probability distribution of a real-valued random variable about its mean, indicating whether the data distribution leans to the left or the right.

Data Skewed

Describes data that is not symmetrically distributed, typically shifted towards either the left or right, affecting the dataset's mean, median, and mode.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values differ from the mean.