Does joint tenancy eliminate the need for a will identify, Financial Management

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Does joint tenancy eliminate the need for a will identify

ointly Held Property. Property held in joint tenancy with right of survivorship is often called a will substitute. In other words, if all property is held in joint tenancy a will is unnecessary.

A. Does joint tenancy eliminate the need for a will?

B. Identify some of the problems that arise when property is titled in joint tenancy

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