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What types of property transfers by operation of law?

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What types of property transfers by operation of law?

Question: What types of property transfers by operation of law?

Answer: The types of property that transfer by the operation of law would include joint tenancy with rights to survivorship. So under real estate law, property that is held jointly with rights to survivorship would transfer automatically upon death to the survivor of the joint tenant. In addition by operational law, you would have beneficiary designations that under contract law would provide that upon the death of an individual the money in the retirement plan or in the life insurance policy would transfer under operational law to the beneficiary that has been designated in the contract.


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