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Investments glossary

Joint Tenants With Right of Survivorship (JTWROS)

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Civilization is drugs, alcohol, engines of war, prostitution, machines and machine slaves, low wages, bad food, bad taste, prisons, reformatories, lunatic asylums, divorce, perversion, brutal sports, suicides, infanticide, cinema, quackery, demagogy, strikes, lockouts, revolutions, putsches, colonization, electric chairs, guillotines, sabotage, floods, famine, disease, gangsters, money barons, horse racing, fashion shows, poodle dogs, chow dogs, Siamese cats, condoms, peccaries, syphilis, gonorrhea, insanity, neuroses, etc., etc.

— Henry Miller

JTWROS is a type of ownership that can be used for real estate, checking, savings, mutual fund, and brokerage fund accounts. All tenants have an equal right to the account’s assets and are afforded survivorship rights in the event of the death of another account holder. The concept also applies to real estate property.


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