The National Directory of Certified Public Accountants

Ask A CPA - Estate Planning

What Is Tenancy By The Entirety ?

Tenancy by the entirety is a form of co-ownership. Tenancy by the entirety exists only between spouses and is generally used for real property. It includes the right of survivorship and neither spouse can dispose of the asset without the other's permission. Tenancy by the entirety is not recognized in all states.

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