money

[jcocks]

when a group of freinds all decide to leave their assetts to each other and the last person standing gets the lot. what is the term for that

[Ginbottle]

Inheritance.

[Quizmonster]

Tontine.

[vittoria]

If you were talking about a house I would say they are joints tenants but you are talking about assets (money in the header) and it sounds to me a bit like a trust but not quite.

[jcocks]

thanks everyone TONTINE is the answer i was looking for jcocks in australia thinks this is just THE best site