community property with right of survivorship
- A method for married individuals to own property, available in some states, that permits one partner's half-interest in shared property to transfer to the other partner without probate
- After her husband's demise, she received full ownership of their house because they had it as community property with right of survivorship.
- They decided to hold their new house as community property with right of survivorship to avoid probate issues.
- Converting their assets into community property with right of survivorship ensures that the surviving partner automatically becomes the sole owner, in the event of a partner's death.
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