Blair and Jimmy have been married for many years and own a home through tenancy by the entirety.Blair has grown children from a previous marriage,Andy and Casey; and Blair's will provides that Blair's interest in the home should go to them upon Blair's death.Blair dies at age 90,and a few weeks later Jimmy finds a new friend and moves that friend into the home.Andy and Casey object and tell Jimmy to get out because they have an ownership interest in the home,and they believe that Jimmy is being disrespectful to Blair's memory and wishes.Which of the following is true regarding the ownership claim of Andy and Casey?
A) Blair's children are correct; and each of them,along with Jimmy,have a 1/3 ownership interest in the home.
B) Blair's children are correct,and they each have a 25% interest in the home with Jimmy owning the other 50% interest.
C) Blair's children are correct,and they each have a 10% interest in the home with Jimmy owning the other 80%.
D) Blair's children are incorrect,and Jimmy solely owns the home.

Question

Quizplus · Accepted Answer

In a tenancy by the entirety, which is a form of joint ownership available only to married couples, the surviving spouse automatically becomes the sole owner of the property upon the death of the other spouse. Blair's will cannot override this form of joint ownership, so upon Blair's death, Jimmy became the sole owner of the home, and Blair's children, Andy and Casey, have no ownership interest in it.

Blair and Jimmy Have Been Married for Many Years and Own