Matt DiLallo Articles

Last 50 articles...

Today's Market

updated Moments ago Sponsored by:
DOW 16,438.17 86.79 0.53%
S&P 500 1,958.87 10.01 0.51%
NASD 4,760.10 10.12 0.21%

Community: Investing Wiki

Term Of The Hour

joint tenancy: Original post by Erika Johansen of Demand Media Joint tenancy is a legal arrangement in which, upon one owner's death, ownership automatically survives in another owner. Although transfer of a bank account holding a certain amount of assets would normally carry gift tax consequences, joint tenancy may allow the surviving party to avoid paying gift tax. Those with specific questions about joint…

Want to learn more or edit this definition?
Click here to read more!