Question

Jim and Terry were married and had three children. Jim and Terry owned their home together as tenants in the entirety. If Jim dies intestate, under the laws of most states, who owns the home?
A. Terry owns one-half and the children each own a one-sixth share of the home.
B. Terry and each of the children own one-fourth share of the home.
C. Each of the children own one-third of the home.
D. Terry owns the home by right of survivorship.

Answer

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