Series 24: Joint Tenants In Common (JTIC)

Taken from our Series 24 Online Guide

Joint Tenants in Common (JTIC)

In a JTIC account, the owners specify a percentage split among them and have no rights of survivorship. At an owner’s death, the owner’s percentage is passed on to his/her own estate in accordance with the individual’s will.

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Solomon Exam Prep Study Materials for the Series 24
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