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2 . Om Ob What is an advantage of registering an account in joint ownership? it may save probate fees when a joint account holder
2 . Om Ob What is an advantage of registering an account in joint ownership? it may save probate fees when a joint account holder passes away A transfer of property to a joint account generally means a loss of control over the property Creditors may wish to access property held in a joint account if one of the joint owners becomes bankrupt The joint account may become open to division in the event of a breakdown of the manage of a joint owner
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