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H and W are married citizens. All of their real and personal property is owned as tenants by the entirety or as joint tenants with right of survivorship. The gross estate of the first spouse to die:__________
1. Includes only the property acquired by the deceased spouse.
2. Is governed by federal tax provisions rather than community property laws.
3. Includes one third of all real estate as the dower right of the first spouse to die.
4. Includes half of the value of all the property owned regardless of which spouse furnished the original consideration.

Sagot :

jepessoa

Answer:

4. Includes half of the value of all the property owned regardless of which spouse furnished the original consideration.

Explanation:

Tenancy by entirety means that property rights are owned by both spouses in equal manner. A married couple that owns real estate property as tenants by entirety are considered one single owner. if one spouse dies, the surviving spouse will inherit the real estate property automatically.

Joint tenancy with right of survivorship means that if one co-owner dies, the surviving co-owner will automatically be the sole owner of the property. Similar to tenancy by entirety except that it applies to owners that are not married.

In both cases, property rights are automatically transferred to the surviving spouse in case one spouse dies.

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