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What is community property with a right of survivorship?

Property right survivorship
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What is community property with a right of survivorship?

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Community property with a right of survivorship vests the surviving spouse with outright ownership of the decedent’s one-half community property interest just like joint tenancy with the relative tax advantages of holding title as community property. If a joint tenancy accomplishes your objectives, community property with a right of survivorship might be even better because it not only avoids probate but can provide a step-up in basis.

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