Property that is titled as “joint tenants” allows for:a.the property to pass outside of the probate process to a surviving joint owner.b.tenants to remain in a leased property if the lessor dies.c.the decedent’s interest in the property to avoid inclusion in his or her estate for estate tax purposes.d.a distribution to the joint survivor that is recognized as taxable income.

Property that is titled as “joint tenants” allows…

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Property that is titled as “joint tenants” allows for:

a.	the property to pass outside of the probate process to a surviving joint owner.
b.	tenants to remain in a leased property if the lessor dies.
c.	the decedent’s interest in the property to avoid inclusion in his or her estate for estate tax purposes.
d.	a distribution to the joint survivor that is recognized as taxable income.