tenancy by the entirety

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Tenancy by the Entirety

The joint ownership of a property with rights of survivorship. In other words, a property with tenancy by the entirety does not become part of a decedent's estate; rather, the other tenants continue to own the property. Couples may be tenants by entirety on a jointly-owned house, for example. Likewise, two business partners may be tenants by entirety on a business property: if two persons own an apartment complex and one of them dies, the whole of the complex belongs to the co-owner and not the decedent's heirs. It is important to note, however, that the decedent's liabilities may remain attached to this property and may be used to pay off creditors, even if the creditor had nothing to do with the property in question.

tenancy by the entirety

A type of asset ownership limited to married couples in which each spouse holds an equal share of the asset but neither may sell or give away an interest without the other's permission. If one spouse dies, the deceased's share automatically passes to the surviving spouse. Compare tenancy in common.
References in periodicals archive ?
Border districts in Germany are not reported to be risk areas for TBE. However, recent autochthonous human cases of TBEV infection were detected in Borken (2015) and Emsland (2016 and 2017) (10).
The treatments, metformin, TBE and TN significantly (p<0.05) reduced the serum ALT levels being more effective in the groups treated with Trigonella, TBE and TN in comparison to the metformin.
However, the incomplete harmonization of EU rules, combined with strict MOSS rules, may pose some challenges to companies selling TBE services.
While the main section of the plant commenced operations on 21 March 2016, TBE is expecting higher utilisation rate of the existing coal-handling facilities shared with its sister company, Tanjung Bin Power Sdn Bhd.
Effective October 2016, New Zealand, a jurisdiction with one of the broadest GSTs, will require nonresident vendors to register for and charge GST when they provide intangibles and services (not only TBE services) to final consumers in the country.
TBE in European countries manifests most commonly as meningitis (50% cases), then as meningoencephalitis in 40% of cases and as meningoencephalomyelitis in 10% of cases.
TBE = [alpha] [(1-[beta]).sup.[DELTA]t/[alpha]] (3)
To avoid probate and to take advantage of estate tax exemptions, estate planners have traditionally split the TBE property to fund separate trusts for each spouse, which usually provide tax credit shelter and marital trusts upon the death of the grantor spouse.
The European Centre for Disease Prevention and Control (ECDC), an EU agency tasked with identifying, assessing and communicating threats to human health, has called on the member states to improve and harmonise their tick-borne encephalitis (TBE) surveillance systems in order to limit the number of cases.
More French than morning-after baguette and cheap red wine, and about as fresh, Gallic writer-director Jean-Claude Brisseau's "The Girl From Nowhere" is under tbe mistaken impression that it's a gourmet meal.
Tbe baritone returns to Canada for Zemlinsky's Lyrische Symphonic with Montreal's Orchestre Metropolitans soprano Angela Meade and conductor Yannick Nezet-Seguin (Mar.)- Further down the road is Sharpless in Madania Butterfly with Seattle Opera (May), which will be simulcast to movie-theatre audiences.
Two of Cardno TBE's utility projects were honored with Federal Highway Administration Excellence in Utility Relocation and Accommodation Awards at the Joint American Association of Street and Highway Officials (AASHTO) Design and Right-ofWay and Utilities Subcommittees Meeting held in St.