SIE practice questioneasyAccount Ownership Forms
Which form of account ownership enables a deceased’s share to pass to his or her estate?
- AJoint tenants with rights of survivorship (JTWROS)
- BTenants in common (TIC)✓ Correct answer
- CSole proprietorship
- DCustodial account
Explanation
Why B — Tenants in common (TIC)
TIC accounts permit each owner’s share to be inherited by their estate. JTWROS accounts pass ownership to surviving account holders. Sole proprietorship and custodial account structures do not involve shared ownership with survivorship or estate rights.
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