What is Right of survivorship?
The '''right of survivorship''' is a [[rights|right]] attached to an [[asset]] such as a [[home]] or a [[bank account]] which is jointly owned. When one of the owners dies, the surviving owner(s) get the asset. The asset is then excluded from the [[estate]]. In other words, it is not part of the [[will (law)|will]] of the person who died. It becomes the [[property]] of the surviving owner(s).<ref>{{cite web | url=https://www.law.cornell.edu/wex/right_of_survivorship | title=Right of Survivorship }}</ref> ==References== {{reflist}} [[Category:Property law]]