What Are Joint Tenants With Right of Survivorship (JTWROS)? The term joint tenant with the right of survivorship (JTWROS) refers to a legal ownership structure involving two or more parties for any type of financial account or another asset. When one…
What Does Right of Survivorship Mean? What Does Right of Survivorship Mean? It is a right granted to joint property owners that ensures the transfer of one owner’s stake to the remaining property owner(s) in the case of his or her…
Should I Worry about Medicaid Estate Recovery? What is It? The Medicaid Estate Recovery Program (MERP) may be used to recoup costs paid toward long-term care. It’s designed to help make the program affordable for the government, but it can…