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What happens to jointly owned property after a spouse dies? | NC

Pierce Law Group

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Q: What happens to a house or bank account that was owned jointly with my spouse after death? A: Usually, it depends on how the asset was titled. A house owned jointly by spouses often passes automatically to the surviving spouse if it included survivorship rights. A joint bank account may also pass directly to the surviving spouse, but only if the account paperwork clearly created a right of…

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