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 or 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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