Exam HS330 Topic 1 Question 199 Discussion

Actual exam question for American College's HS330 exam
Question #: 199
Topic #: 1

All the following statements concerning the ownership of real property as joint tenants with right of survivorship are correct EXCEPT:

A. If the joint tenants are two brothers and each contributed one half the property's purchase price, only one half the property's value will be in the estate of the first brother to die if his executor proves that the other brother contributed half of the purchase price. B. If the joint tenants are husband and wife, because this is a qualified joint interest, one half the value of the property will be in the estate of the first spouse to die regardless of which spouse contributed to the purchase price. C. If three sisters inherited property as joint tenants with right of survivorship, the entire value of the property will be in the estate of the first sister to die. D. If the joint tenants are brother and sister, no portion of the value of the property will be in the sister's estate if she dies first provided her executor proves that the brother contributed all the funds.

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