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Investing > Joint Tenants with Right of Survivorship (JTWROS)

The following information is about Joint Tenants with Right of Survivorship (JTWROS).

Joint Tenants with Right of Survivorship (JTWROS) Defined

Ownership of assets by two or more individuals where there is not specific fractional financial interest. In the event of the death of one party, the survivor(s) receives total ownership.

See Also: Joint Tenancy; Probate

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