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Estate as Joint Tenants with Rights of Survivorship but Form

Estate as Joint Tenants with Rights of Survivorship but Form

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the only good thing about having an account with rights to survivorship or sometimes called joint tenancy with rights to survivorship and sometimes it's called joint with rights of survivorship and you're going to see it designated as ros jtw ros or just sometimes j r os all it means is when somebody dies all that money goes directly to whoever else is on their account it may be a piece of real estate that's owned as joint tenant they get all of it the good thing is it doesn't go through probate because the law says if you own property that way it doesn't go through probate it just goes direct to that person that person can show up at the title company if they're buying the real estate or they're trying to sell it they'll put a deed in their name they can go to the bank the financial institution they'll change that account in the name of that person the problem is is that you may have a will or a trust that says so

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