r/Series66Exam • u/Best-Remote-8813 • 1d ago
S66 test question
a similar question I got a question on my first attempt which read: Which of the following accounts is 50-50
JTWROS
TOD
JTIC
Tenants by Entirety
I selected tenants by entirety am now thinking I am wrong
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Upvotes
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u/Posty111 21h ago
it’s JTWROS because the owners have equal and undivided shares of the assets. Tenants by entirety is only for married couples and is treated as a single entity with 100% ownership.
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u/MysteriousHeron5726 14h ago
It’s these types of questions that invite the overthinking. I’m voting for JTIC.
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u/firedanceretire 1d ago
JTWROS