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QuarkXPress(R) 7.3
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Holding property together as joint tenants with right of survivorship has numerous advantages to spouses. Among the advantages are asset protection, disabiilit planning, and possible avoidannc of a probate or administration proceeding on the death of the first to as qualified joint interests, is that each spouse is treated as having owned a one-half interest in the assets at the time of the first spouse’s death (that is, contributions between spouses are not traced for estate tax purposes). Code...

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