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Simple English definitions for legal terms

community property with right of survivorship

Read a random definition: Resale Price Maintenance Agreements

A quick definition of community property with right of survivorship:

Community property with right of survivorship is an agreement between married couples where, if one spouse dies, the other automatically becomes the owner of the property they jointly owned. This means that the property doesn't have to go through a legal process called probate. For example, if a married couple owns a house together and one spouse dies, the other spouse will become the sole owner of the house.

A more thorough explanation:

Community property with the right of survivorship is an agreement between spouses where, upon the death of one spouse, ownership of the jointly owned property automatically passes to the surviving spouse. This means that the property or asset does not have to go through probate, which can be a lengthy and expensive process.

Let's say a married couple owns a house in a community property state. Each spouse owns half of the house. If one spouse were to pass away, the surviving spouse would automatically inherit the deceased spouse's half of the house. This means that the surviving spouse would then own the entire house without having to go through probate.

Another example could be a joint bank account. If a married couple has a joint bank account with right of survivorship, and one spouse passes away, the surviving spouse would automatically inherit the entire account without having to go through probate.

These examples illustrate how community property with right of survivorship can simplify the transfer of assets after a spouse's death and avoid the need for probate.

community property | community service

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
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the devil
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20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
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im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
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JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
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22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
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JumpySubsequentDolphin
22:39
@splitty Oregon!
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JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
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