right of survivorship
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right of survivorship — right of survivorship: the right of the survivor of owners of property held jointly to take the entire property; esp: the right of the survivor of joint tenants to sole ownership of the entire property Merriam Webster’s Dictionary of Law. Merriam … Law dictionary
community property with right of survivorship — A way for married couples to hold title to property, available in some community property states. It allows one spouse s half interest in community property to pass to the surviving spouse without probate. Category: Divorce & Family Law → Divorce … Law dictionary
survivorship — sur·vi·vor·ship n 1: the right of one or more joint tenants who have survived another to take the interest of the person who has died 2: the state of being a survivor Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
Joint Tenants with Right of Survivorship - JTWROS — A type of brokerage account which is owned by at least two people, where all tenants have an equal right to the account s assets and are afforded survivorship rights in the event of the death of another account holder. In this type of brokerage… … Investment dictionary
survivorship — The fact of being a survivor, of outliving another person or other persons. A right incident to an estate in joint tenancy whereunder the entire estate, upon the death of a joint tenant, remains in the survivor or survivors. 20 Am J2d Coten § 3.… … Ballentine's law dictionary
right — As a noun, and taken in an abstract sense, means justice, ethical correctness, or consonance with the rules of law or the principles of morals. In this signification it answers to one meaning of the Latin jus, and serves to indicate law in the… … Black's law dictionary
Survivorship — Sur*viv or*ship, n. 1. The state of being a survivor. [1913 Webster] 1. (Law) The right of a joint tenant, or other person who has a joint interest in an estate, to take the whole estate upon the death of other. Blackstone. [1913 Webster] {Chance … The Collaborative International Dictionary of English
survivorship — [sər vī′vər ship΄] n. 1. the state of being a survivor 2. Law the right of a surviving owner or owners of property held as under joint tenancy to undivided ownership upon the death of either or any of them … English World dictionary
joint tenants with right of survivorship — In the case of a joint account, on the death of one account holder, ownership of the account assets is transferred to the remaining account holder or holders. Bloomberg Financial Dictionary … Financial and business terms
wife's right of survivorship — The title of a surviving wife at common law, arising upon the death of her husband, to choses in action which belonged to tier at the time of the marriage or came to her during coverture, and were not reduced to possession by the husband. 26 Am… … Ballentine's law dictionary
