Property Ownership

A survivorship deed in Alabama, often used by married couples, ensures that:

AThe property is automatically left to the children upon death
BUpon the death of one owner, the property passes automatically to the surviving owner✓ Correct
CThe estate pays reduced taxes on the property
DThe property avoids state inheritance taxes

Explanation

A survivorship deed (creating a joint tenancy or tenancy by the entirety) ensures the surviving co-owner automatically takes full title upon the death of the other owner, avoiding probate.

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