Word: survivorship
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...chunk, plus yearly chunks of $6,000 to each child. Another way is to put assets into life insurance, payable to a named beneficiary other than one's estate; the proceeds escape probate. Other assets can be disposed of by "joint tenancy with right of survivorship" such as joint bank accounts, which pass directly to the surviving tenant. Under that method, though, when the survivor dies, the probate process will take over unless something is done to head...