The IWC Glossary

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Severance of Tenancy

To change ownership of your property from Joint Ownership to Tenants in Common

Shareholders Agreement

Specific Legacies

A Specific Legacy is when the testator wishes to leave an item to someone rather than a sum of money.

Standing search

To lodge a Standing search at the probate registry would be to register an interest in the estate of a deceased person

Survivorship

If one Joint tenant outlives the other the survivor would inherit the jointly owned asset via survivorship


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