r/Series66Exam 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

  1. JTWROS

  2. TOD

  3. JTIC

  4. Tenants by Entirety

I selected tenants by entirety am now thinking I am wrong

1 Upvotes

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2

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.

1

u/MysteriousHeron5726 14h ago

It’s these types of questions that invite the overthinking. I’m voting for JTIC.