Yes. IRC Section 2040 deals with all classes of property held jointly with a right of survivorship. This includes, for example, jointly held real estate, jointly held bonds, and joint bank accounts.

Probate is the legal process through which a deceased person's estate is managed and distributed. It involves verifying the validity of their will, cataloguing their assets, appraising property values ...

Owning property jointly as a couple isn’t just about financial security — it’s also a smart tax-saving strategy. When both husband and wife are co-owners of a property with clearly defined ownership ...

The jointly owned financial account is not considered probate property and is not subject to the terms of the parent’s will because there is joint ownership of the account. Instead, the financial ...

Co-owners in disputes involving joint ownership disputes can sort out their differences through negotiation, mediation, co-ownership agreements, or, in a worst-case scenario, legal action, including ...

In this week's Realty Law Digest, Scott Mollen discusses the case “Golobe v. Mielnicki” where the critical issue was “what does it look like for co-tenant to ‘hold adversely’ after the 10-year ...