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jcocks | 06:21 Sat 08th Jun 2002 | History
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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
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Avatar Image Ginbottle
Inheritance.
08:09 Sat 08th Jun 2002
Avatar Image Quizmonster
Tontine.
10:56 Sat 08th Jun 2002
Avatar Image 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.
22:11 Sat 08th Jun 2002
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thanks everyone TONTINE is the answer i was looking for jcocks in australia thinks this is just THE best site
00:43 Sun 09th Jun 2002

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