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REAL ESTATE Which form of joint ownership should a couple use to ensure that, when one partner dies, the surviving partner receives the deceased partner's
REAL ESTATE
- Which form of joint ownership should a couple use to ensure that, when one partner dies, the surviving partner receives the deceased partner's interest in their shared real property automatically, by operation of law, outside of any will or probate proceeding involving the deceased partner's children from a former marriage or any other "heirs" making claims? Identify the proper legal terms for this form of joint ownership and for the legal right that automatically transfers ownership of the property to the surviving partner, also stating any limitations on the partners' rights to specify other disposition of the property in death.
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