With Benefit Of Survivorship,
What Does With Benefit Of Survivorship Mean?
Benefit for mourners refers to a legal agreement in which the co-owner automatically becomes the full property when the other co-owner dies. This process avoids legal issues related to property accounting.
- With the survival benefit, there is a legal agreement between the co-owners of the property, according to which one person takes full ownership of the property if the other dies.
- Avoid the legal process that usually involves giving assets to survivors.
- The basic requirement of this agreement is that all the co-owners must acquire the same property and control the same shares at the same time.
Literal Meanings of With Benefit Of Survivorship
Meanings of With:
With (another person or thing)
Keep (something) as a feature or companion.
Displays the device used to take action.
On the contrary.
Describe the nature and attitude of the person who did something.
In the same sense
Sentences of With
Nice steak with red wine bottle
Floral blouse with white collar
Cut with a knife
We started fighting
Leave it to me
My father will be mad at me
He is now with IBM
Marine mammals often swim with currents.
Goodbye to your most valuable assets
Synonyms of With
accompanied by, escorted by, in the company of
Meanings of Benefit:
Public performances or other entertainment for which the purpose of the product is a special charity.
Make a profit.
Sentences of Benefit
Benefits of social assistance
Synonyms of Benefit
reap financial reward, insurance money, good, state benefit, enjoyment, profit, welfare, reap benefits, benefit payments, pension, advantage, make money, sake, social security, social security payments, unemployment benefit, satisfaction, well-being, convenience, sick pay, public assistance allowance, ease, interest, comfort, gain, government benefit
Meanings of Of:
Indicates an association between two entities, usually an association body.
Express the relationship between a category or general category and specific items belonging to that category.
Derived from or associated with a verb.
Synonyms of Of
caused by, of, done by, from, made by, by, in, carried out by
Meanings of Survivorship:
The status or condition of the survivor.
Sentences of Survivorship