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What is right of survivorship? Does this avoid probate and does it apply to all community property including busineses?

Quitclaim to break survivorship I recently found out that my wife who recently died of cancer, broke the survivorship in the...

If have a survivorship will and all money in acctswith survivor's name on do i have to go to probate? My husband and i had survivorship wills. he died in sept. the only assets are cd's which...

Termination of right of survivorship My brother died last year. he owned a property with his wife and i have seen a document by...

Explain a survivorship deed My sister set up a survivorshiop deed with my mom - does this give her ownership of the home?

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Submitted 20 days ago...

smartchick

New User (4)

What is right to survivorship?

Please explain and give an example of "right to survivorship?"

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Answer 1 / 2 - Submitted 20 days ago...

smartchick

New User (4)

Please explain and give an example of "right to survivorship?"

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Answer 2 / 2 - Submitted 20 days ago...

Trove882

Brain (2,222)

The right of survivorship allows two or more owners of property (land, money, stuff) to inherit that property when one of the owners dies. This is important because the deceased owner's will may give his property to someone else, but the right of survivorship trumps all other claims. http://legal-dictionary.thefreedictionary.com/Right+of+Survivorship

An example of this could be a piece of land owned by two people and one dies. The other gets the entire property.

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