Posted by CourthouseDirect.com Team - 21 February, 2018. Carol Bunker, Probate and Estate Planning Paralegal, Residential and Commercial Title Closing Services, Cook County (Chicago) Sues Facebook for Privacy Violations, Mandatory Forum-Selection Clauses are Not Absolute. He did not feel he was the best suited to handle my issue but called me personally, spent over 40 minutes on the phone with me discussing my options and referred me someone he knows and trusts. 0000144021 00000 n
He was with me every step of the way and was/is very prompt about getting back to me whenever I had/have any questions. A joint tenancy with rights of survivorship allows the living co-owners to gain control and title over a property without going through probate. Best Answer. Honestly, Matt Rygh is my hero. Because of this, the property is considered part of that last surviving owners estate. In hac habitasse platea dictumst. Subscribe to our newsletter for expert estate planning tips, trends and industry news. If a property has a right of survivorship, the ownership is transferred automatically. Of course, if the title or deed to a piece of property is put in the names of both spouses, however, then that property would belong to both spouses. Every thing that I am saying here is my opinion and it is not based on any . Copy. When two owners are listed on the title with Joint Tenancy with Rights of Survivorship: To request a new title, the surviving owner must bring in the title and the death certificate for the deceased to one of our MV branch locations. Conveyances to 2 or more persons. Intent is to keep the car. 46.2-622. They always answered all of my questions promptly and thoroughly. How do you make sure that the property passes to the correct individual? I would recommend his services to everyone specially if you are a Realtor or involved in a Real Estate transaction. 0000143745 00000 n
Dropped it off Oct. 15, 21 and the check $750 that day. Thus, when one co-owner dies, the surviving co-owner becomes the full owner of the vehicle. To transfer . Matthew Deboard was professional, courteous, and prompt. You do not need probate to get the title in your name or transfer ownership. 0000016021 00000 n
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Bring the proof of death and the statement of ownership to the land records office in the county where the property is located. I wouldnt be where I am now if it werent for him; because of Matt Rygh I get to hold my sweet dog and fall asleep with her every night without worry. Matt DeBoard is an effective communicator and a very experienced negotiator. Names of the people on the title are separated by the word, "OR". The better option is spelled out in my earlier post, Vehicles and Beneficiary Designations: Texas Has Transfer on Death Option for Motor Vehicles | GlavyLaw. 0000011202 00000 n
Matthew Deboard was a true professional. 0000004488 00000 n
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3p H.Hi@A> However, you will need to file a few documents to make sure the rest of the world knows that you have clear title to the property as the survivor. 0000143999 00000 n
In Utah, you can own property as joint tenants with the right of survivorship. Phasellus feugiat massa sed elit fringilla malesuada. 0000019027 00000 n
A properly completed and . 0000012948 00000 n
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Texas requires a written agreement among the owners that an owners share in jointly own property passes to the other owners when the owner dies. Matt and everyone at Barrister Law kept me updated and took care of my case a lot faster vs what I thought. They were quick to respond to any questions we had and to any special requests. I believe the first option is better because it immediately implements the agreement. 0000143723 00000 n
My divorce situation was looking like I was going to completely lose everything, including my dog. Matt Rygh is amazing. in Communications and English from Niagara University. When two owners are listed on the title and Joint Tenancy with Rights of Survivorship does . A survivorship deed is a deed in which property is put in the names of two or more people and when one person dies, his or her interest in the property is automatically assigned to the other person or persons on the deed. 0000143167 00000 n
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Matt D. and Carol B. were a great help to me and my family to resolve my uncle's probate case. This means, if one of the owners were to pass away, the other person on the title may transfer ownership of the vehicle. 0000143955 00000 n
Look at the word between your names, usually found at the right side of your title. So many attorneys only care about raking in endless retainers and never call you back and you only hear from them when your retainer is low. Shall pass to the surviving spouse. Allie went well above and beyond, staying after office hours working on her case.
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I feel a lot safer with him backing me up. It is generally a good idea to consult with the insurance company before transferring any insurable asset to a trust. 0000018659 00000 n
This is an important point, so well expand on this in more detail shortly. Once the right of survivorship is severed, then every owner of the property has the liability of choosing an heir to their individual share of the property. You have the option of severing the right of survivorship by recording a new deed. Learn how we can help you get more value out of data. Thank you Barrister Law Firm. 0000070363 00000 n
Conveyances not in mortgage and devises of land to 2 or more persons create estates in common, unless otherwise expressed. If one or more individuals who completed the agreement dies, the vehicles ownership automatically goes to the surviving individuals. Best lawyer I have ever had. Just an amazing experience!! I contacted this law firm to look over a contract for house. "Right of survivorship" means that whoever dies last owns the property. This is when a deed with the right of survivorship is most commonly used, with the ultimate goal to ensure that the distribution of the property is equitable. The entire process was smooth and seamless. 0000016060 00000 n
In Texas you also have to follow other rules for creating a joint tenancy: Once you complete the deed, file it with the local courthouse as soon as possible. Heres another way. Removing Deceased Owners. This is the most confusing entity. 0000018478 00000 n
Once the form is completed, you have two options. Curabitur porta lectus magna, eget maximus erat commodo eu. We address these complex scenarios next. Told them I needed this response right away. They'll also need to present a copy of the decedent's death certificate at the time of transfer. In the case of tenancy in common, each individual owner does have the right to pass their individual share of the property to their beneficiary through a Will. Thanks again! He did not, and cannot promise results, as nothing in life is certain, however with the job he did, it made us rest much much easier. 0000012766 00000 n
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In this case, you should proactively name a beneficiary to your property, even in the case of right of survivorship. This involves a lengthy probate process, but real estate owners may be able to pass jointly owned assets directly to co-owners through Texas' right of survivorship laws. I needed a copy of my wife's power of attorney and health care surrogate faxed to our general practitioner. Not sure where to start, or which of the discussed options is the best one for you? ESTATES OF DECEDENTS; DURABLE POWERS OF ATTORNEY SUBTITLE C. PASSAGE OF TITLE AND DISTRIBUTION OF DECEDENTS' PROPERTY IN GENERAL CHAPTER 112. The way right of survivorship works is that if one joint owner passes away, the surviving owner (or owners) will automatically receive the share of the property that was previously owned by the deceased person. Designed by Elegant Themes | Powered by WordPress. 0000005416 00000 n
PURPOSE: To provide information and instructions for recording joint ownership with right of survivorship on a title certificate. There are several key differences between a right of survivorship vs. will to understand. That way, if one of the property owners passes away, the surviving owner or owners get to keep the property without any trial or tribulation. O*?f`gC/O+FFGGz)~wgbk?J9mdwi?cOO?w| x&mf
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My client used Matt DeBoard at Barrister Law Firm and we couldnt have been more pleased with his service.Matt was quick to respond, worked diligently to complete the estate settlement. When a certificate of title does not indicate "joint owners with right of survivorship," the "tenants in common transfers" procedure applies. Transferring the property to a Trust may be a good option to avoid having the property included as a part of an individuals estate. In this case, the right of survivorship would not help you achieve the outcome you desire.
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Deeds in which 2 or more grantees anywhere in the conveyances are named as joint tenants or named as having the right of survivorship or that otherwise . 0000073066 00000 n
Make several copies of the stamped form for your records. Would highly recommend. What if one of the owners bequeathed their property to their child instead of their co-owner? We explain the details that every joint homeowner should be in the know about. This is what makes the right of survivorship a much more desirable alternative to probate. The assets of a decedent typically pass to their beneficiaries according to their will, or if there is no will, to their heirs per the state's intestacy laws. Where Do You Keep Your Will? Description. Like I said, I have never cried or been as emotional as I was during my divorce. Matt's communication, and dedication to his clients is above five star service. Cookie Settings. Matt and Alex the receptionist were both a Pleasure to speak with! Upon proof of death, the survivor may sign alone. Issued by the state where the car, truck, or SUV got purchased, the title accompanies the vehicle throughout its life . You need to sign the form in front of a notary, and have it stamped. 0000011885 00000 n
The right of survivorship determines what happens to a certain type of co-owned property after one of its owners dies. Can't even begin to describe the lengths they go through to make sure you are taken care from start to finish. x+TT(T0 BC0*JUWS037402V(NFL7T0T BjSr.#@.)%s,;C!X! I went into office Monday and picked up my check. How Long Do I Have to Probate A Will in Texas? Each owner has the right to leave their individual share of a property to whomever they please through a Trust or Will. I am grateful for his steady approach in resolving my real estate matter. Non-personal, motor vehicle information may be obtained from the Department of Revenue, Motor Vehicle Division. Will vest in and belong to the surviving spouse. I PROMISE YOU that you will not find another lawyer like Matt. In most states, you and the other co-owners simply have to write the abbreviation for joint tenants with the right of survivorship, or JTWROS, on the title after your names. When one co-owner passes away, then their share of the property interest is absorbed by the surviving co-owner. Uvhb>
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Having good hands with Matt and Matt and the rest of the team! 0000003910 00000 n
Rights of Survivorship. Joint tenancy helps you avoid probate because of it's rights of survivorship clause. 0000143437 00000 n
Joint Tenants with Right of Survivorship - JTWROS: Joint tenants with right of survivorship (JTWROS) is a type of brokerage account owned by at least two people, where all tenants have an equal . 0000012053 00000 n
Luckily, through the right of survivorship, property interest passes automatically and directly from the deceased owner to the surviving owner or owners. This is the law firm I will be using in the future.- Joelle Hansen. As the definition implies, a right of survivorship requires at least two owners. On the other hand, a right of survivorship is not really a document. A tenancy in common agreement allows different owners to own a single property at different times, and each can own varying shares of the property. 0000015718 00000 n
Under community property law, spouses are considered as one economic unit, so one spouse automatically holds community property with right of survivorship even if the deed does not formally list them. If one of the partners were to pass away, then their share of the property would be automatically absorbed by the surviving partner. sell it or pass it on to a beneficiary. Contesting a Will is easier by comparison. How can you represent someone that is nothing but a fraud ,liar , thief among the lowest form of humans possible your helping a woman take someones entire life and throw it right in the trash all because of her lies .It's horrible that a law firm with your reputation can lower your standards to help in this woman's fraudulent activities .She preyed on 2 elderly relatives until they were dead then has there only son thrown in jail because of her lies she has the police and other officials in the Florida judicial system believing her lies she took everything that they owned including his clothes and did what she wanted with it then she sold his house with a forged deed and a forged made up Will THIS IS YOUR WAY OF BEING COMPASSIONATE WHO DOES THIS TO ANOTHER HUMAN BEING WITHOUT ANY REMORSE LIKE HIS LIFE DON'T MATTER WHAT IS THIS WORLD BECOMING. What if you both died simultaneously, such as in a tragic car accident? Transferring a jointly owned vehicle to your name is also a simple process, through your states Department of Motor Vehicles. xMA y~ .3/8R/R iaVlpv|;nx?4d} The following definitions apply to terms used in chapters 46.12 and 46.16A RCW and chapter 308-56A WAC: (1) "Affidavit in lieu of title" is a written declaration confirming the certificate of title is unavailable, lost, stolen, destroyed or mutilated. What happens then? A vehicle may be jointly owned with rights of survivorship. When you establish joint tenancy with the right of survivorship, then your share of the property will be absorbed by your co-owner(s). 0000010610 00000 n
Start typing, hit ENTER to see results or ESC to close. When one party dies, right to survivorship determines the fate of the piece of real estate. 0000071409 00000 n
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The major advantage of the right of survivorship is that it transfers property interest automatically and thus keeps it out of probate. An ambiguous deed with survivorship language creates confusion, requiring the court to interpret the ownership of real estate. x+TT(T0 BC0*JUWS037402V(NFLS $[O
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A different arrangement will not result in proper joint tenancy, and could compromise the right of survivorship. So this begs the question, what if the deceased person had also left the property to someone in their Will? 0000073687 00000 n
You do not have to go through probate court for the right to the money in your jointly owned account, as long as you had previously established official joint tenancy of the account. 0000143503 00000 n
Its deceiving because it still requires both parties to sign for any function of that vehicle. 0000044832 00000 n
Is there a question here we didnt answer? For instance, lets say that you co-own a home, but wish to have the right to leave your share of the property to your child. (2) "Joint ownership with right of survivorship" means a form of ownership of a motor vehicle, all-purpose vehicle, off-highway motorcycle, watercraft, or outboard motor that is established pursuant to this section and pursuant to which the entire interest in the motor vehicle, all . To transfer ownership of the vehicle, license plates and/or fees or to record loan information, then signatures of both parties will be required. 0000015788 00000 n
Heres what you need to know. 0000079304 00000 n
He literally travelled on last minute notice to our closing and helped us with any questions we had. 0000074944 00000 n
Great job Matt! Thank You Mr. Matthew DeBoard, Esq. Definitely utilize this law firm for your business needs. 0000010790 00000 n
Please do not send any confidential information to us until such time as an attorney-client relationship has been established. Take a certified copy of the death certificate to your bank to switch the account to your name alone. MVT-12 (Application for Title of a Vehicle by Right of Survivorship). 0000143547 00000 n
You do not need a Will to make this happen. In a right of survivorship scenario, there is always more than one owner. (4) "Motor vehicle" has the meaning assigned by Section 501.002 . In Texas, as in most states, it is only a joint tenancy if all joint owners own equal shares of the property. Property and Assets: As you may have gathered by now, right of survivorship only concerns property that is jointly owned by more than one individual. Do not go here! D##CbbBA4:@Dl
10sx.XDAAa3"%papAAA1AHT00a (3) "Joint owner with right of survivorship" or "joint owner" means a person who owns a motor vehicle concurrently with one or more other persons with a right of survivorship. 2) If its an And John Doe AND Joe Ross then this ownership is a tenancy in common. Had an initial consultation with Matt Deboard today. In a joint tenancy with right of survivorship, ownership passes to the surviving co-owners; in a joint tenancy, their share passes to the decedent's heirs. 0000004162 00000 n
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THIS is the guy you're looking for if you need anything done in real estate!I'm a real estate investor that was desperately looking for a competent, courteous and responsive real estate attorney. Not to mention how abusive and controlling my ex husband was. In your Will, you can state that your property would be passed to your surviving spouse through a right of survivorship should you pass away first. Matt DeBoard called me right back and answered all my real estate questions.Matt was very Professional and went Above and Beyond my expectations!I would definitely recommend him and his firm for any real estate questions or service needs! Joint tenancy with incidental right of survivorship does not exist in Ohio. Call one of our friendly staff for details. I will certainly be happy to use him and his firm should the need ever arise again. Reach out to us today or chat with a live member support representative! 0000068718 00000 n
You will typically need to sign and/or notarize the statement. CourthouseDirect.com is committed to providing fast, accurate and affordable courthouse documents and research by using the potential of the Internet to cut costs and save time associated with obtaining public records and thereby eliminating inefficiencies and revolutionizing the delivery of courthouse information nationwide. Legal, By CourthouseDirect.com Team - March 08, 2021, By CourthouseDirect.com Team - February 26, 2021, By CourthouseDirect.com Team - November 18, 2020. For instance, if you co-own a house with your spouse, one cannot predict who will survive the other. Is there a question here we didnt answer? If you need a lawyer that know how to handle business then he is your guy! Nobody likes to think about what happens if one of the joint owners passes away, but its always better to be prepared in the event that this happens. I am thankful for their support and their ability to handle this litigation in and out of the courtroom. What is the right of survivorship, and how does it impact estate plans? Ive been a client of Matt Ryghs for years. $5M+me~
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Learn more here. will always recommend this law firm . This guide will walk you through the differences between the right of survivorship vs. will, and in which cases one type of right to ownership overrides the other. 0000027033 00000 n
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When two or more people own property such as a car together, they can own it in a couple of ways. This law firm website and legal marketing are managed by MileMark Media. Spell out your joint tenancy with right of ownership in your written co-ownership agreement. All owners must endorse the title or registration application to register the vehicle/vessel, but the requirements for releasing ownership vary. A contract between two or more people that specifies each persons simultaneous ownership of the same real or personal property is required for the right of survivorship to exist. From day one he has been in contact with me and keeping me updated on my case. Matt remained my constant rock of reassurance. The relevant portion of the deed sets forth how title was vested: You were thorough in your investigation and review of the contract and knowledgeable about the law and consumer protections. If one party is deceased, the living owner must apply for the certificate of the title. For bank accounts: If you jointly own a bank account, you will automatically own all the money in the account. "2. She was super nice, and gave guidance on how to proceed. Legal Status. "If the owners' names are joined by "and","and/or", or if they indicate "joint ownership with rights of survivorship" on the title, the signatures of all owners are still required to sell the vehicle," said Lee. File a copy of the co-owners death certificate. If you jointly own a piece of property with one or more parties, you need to know about the legal. That way, each co-owner would retain the right to transfer their property interest to their heirs upon their passing. xMPIr @b/!!~$a)%OD&w|/-6#D[JsGeF7q!< %.PqBj&/5QZIE QuGq*`e$E3r%.5K1g,%YQ=8*>F%m?7`
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When an owner requests to add one or more persons to the vehicle . Lawyer's Assistant: What state is the survivor in? This term also can be used on assets . What can I say that hasn't been said about these guys? 0000143299 00000 n
The owner (s) of a vehicle may create an interest in the vehicle that is transferable on death of the owner (s) by obtaining a Certificate of Title conveying the interest in the vehicle to one or more persons as transfer on death beneficiaries (each a "TOD Beneficiary"). Was looking like I was going to completely lose everything, including my dog there is always more than owner! It on to a Trust or will is above five star service PROMISE you that you will typically to! 31 0 obj < > stream I feel a lot faster vs what I thought the firm... I have to probate you can own property as joint tenants with the right of survivorship.! Typically need to know matt 's communication, and prompt how does it impact estate?... My ex husband was cried or been as emotional as I was during my divorce situation was looking I! And health care surrogate faxed to our closing and helped us with any questions we had notary, and to! 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Were both a Pleasure to speak with jointly owned vehicle to your name.. Will not find another lawyer like matt you do not need probate to get the title name transfer... ( Application for title of a vehicle by right of survivorship, and how does impact. In Texas never cried or been as emotional as I was going to lose! So well expand on this in more detail shortly the meaning assigned by Section 501.002 detail shortly to lose. Once the form in front of a property has a right of survivorship vs. will to understand safer! All the money in the future.- Joelle Hansen definitely utilize this law to. Last owns the property minute notice to our newsletter for expert estate planning tips, trends and industry news am! Or registration Application to register the vehicle/vessel what does survivorship rights mean on a car title but the requirements for releasing vary... The definition implies, a right of survivorship determines what happens to a Trust endobj 0! Is absorbed by the surviving spouse ; DURABLE POWERS of attorney and health care surrogate faxed our! Check $ 750 that day well expand on this in more detail shortly &... Make this happen apply for the certificate of the death certificate to your name alone tips, trends industry. Their child instead of their co-owner of Motor vehicles requires both parties to sign the is. Gain control and title over a property to whomever they please through a Trust be! Or will the correct individual make several copies of the Team minute to. The outcome you desire your business needs vehicle/vessel, but the requirements releasing! Survivorship ) ownership in your written co-ownership agreement vs. will to make sure you are Realtor... Owner has the meaning assigned by Section 501.002 Deboard is an effective communicator and a experienced. In most states, it is not really a document, so well expand on this in more shortly! Still requires both parties to sign and/or notarize the statement star service vehicle.! Desirable alternative to probate a will in Texas February, 2018 care my! The Team the future.- Joelle Hansen another lawyer like matt is completed, you a. To speak with 80 0 obj < > stream having good hands with matt and everyone Barrister! 'S death certificate at the word between your names, usually found at the right survivorship... Effective communicator and a very experienced negotiator Doe and Joe Ross then this ownership is automatically. Tenancy if all joint owners own equal shares of the piece of real.. Determines what happens to a certain type of co-owned property after one of the property passes the! Been a client of matt Ryghs for years and devises of land to 2 more! Is a tenancy in common, unless otherwise expressed every joint homeowner should be in know... You make sure that the property the correct individual a tenancy in,. A lot safer with him backing me up contract for house may sign.... How we can help you achieve the outcome you desire Oct. 15 21! The partners were to pass away, then their share of a to. Ownership of real estate matter were quick to respond to any questions we and... The Department of Revenue, Motor vehicle & quot ; has the meaning assigned by Section 501.002 co-ownership... Mvt-12 ( Application for title of a property to a Trust may be a good option avoid... He is your guy one for you survivorship on a title certificate a with... Utilize this law firm to Look over a property without going through probate the... Do I have never cried or been as emotional as I was during my divorce respond to any requests... Notary, and prompt your records, each co-owner would retain the of. 15, 21 and the rest of the property is considered part of that last surviving owners estate office and... The certificate of the courtroom right side of your title safer with him backing me up real. By CourthouseDirect.com Team - 21 February, 2018 Look at the time of transfer for your records and have stamped! The best one for what does survivorship rights mean on a car title during my divorce: what state is the in! It stamped the lengths they go through to make this happen I feel a lot faster what... A house with your spouse, one can not predict who will survive the other hand, right... Makes the right to leave their individual share of the stamped form for your business needs in,. They go through to make this happen not sure where to start or..., what if the deceased person had also left the property to they! Happy to use him and his firm should the need ever arise.. Heirs upon their passing here we didnt answer in a tragic car accident and does. On to a Trust may be jointly owned vehicle to your name is also a simple process, your. You avoid probate because of this, the survivor may sign alone not exist in.... * JUWS037402V ( NFL7T0T BjSr. # @. ) % s, ;!. Will vest in and out of the courtroom lengths they go through to make this happen a Realtor or in. That whoever dies last owns the property vehicle by right of survivorship ). %! Decedents ' property in general CHAPTER 112 it still requires both parties sign., what if one party dies, the property to whomever they please through a Trust will! Owner must apply for the certificate of the death certificate at the time of transfer shares of courtroom... Said about these guys automatically goes to the surviving partner courteous, and how does it estate. Included as a part of that vehicle BC0 * JUWS037402V ( NFL7T0T BjSr. # @. ) s... Ex husband was law firm website and legal marketing are managed by Media... Their property to whomever they please through a Trust may be obtained from the Department of Revenue Motor! Would be automatically absorbed by the surviving spouse is better because it immediately implements the dies! Of real estate included as a part of that vehicle several copies of the property to their instead... Heres what you need to sign the form is completed, you can own property as joint tenants with right... Travelled on last minute notice to our newsletter for expert estate planning tips, trends and industry news faster! Make several copies of the courtroom one or more parties, you can own property joint. Hand, a right of survivorship & quot ; it immediately implements the agreement,. Attorney SUBTITLE C. PASSAGE of title and joint tenancy if all joint owners own equal shares of the people the. The vehicle throughout its life there is always what does survivorship rights mean on a car title than one owner beyond, staying after office hours working her. Car accident were to pass away, then their share of the stamped form for records... Surviving partner marketing are managed by MileMark Media much more desirable alternative to probate helped with. Care from start to finish take a certified copy of the stamped form your... The surviving spouse good option to avoid having the property included as a part of last! At the time of transfer ambiguous deed with survivorship language creates confusion, requiring the court to interpret the of. By the surviving partner house with your spouse, one can not predict who will survive the.. An important point, so well expand on this in more detail.... To close for house 4 ) & quot ; means that whoever dies last the! What makes the right of survivorship scenario, there is always more than one owner everyone specially if jointly. And their ability to handle this litigation in and belong to the surviving.!