5-JTWRS v Community Property-Chapter 7
7.5.4.1. JTWRS v Community Property JTWRS (Joint Tenancy with Right of Survivorship) and Community Property are two ways to hold property ownership, each with its own legal implications, tax consequences, and methods of inheritance. Here’s a comparison of the two: Joint Tenancy with Right of Survivorship (JTWRS) Definition: A form of ownership where two or […]