Assume a father and daughter, each divorced, own property as joint tenants. The

Question

Assume a father and daughter, each divorced, own property as joint tenants. The father has a large debt he owes, much larger than the value of the entire property. If the father suddenly dies, how will the property be owned?

One-half by the daughter and one-half by the creditor

All by the creditor to satisfy his debt

Three quarters by the daughter (her half plus half of father s half by inheritance) and one-quarter by the creditor

The daughter would own the entire property, free from any creditor debt

real estate

Explanation / Answer

All by the creditor to satisfy his debt

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