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We value your privacy. We may collect personal information from you such as identifying information (name, address, driver's license number), transactional information (products or services purchased and payment history), digital network activity (interactions with our website, IP address), geo-location data, audio recordings and other forms of personal information. We use this information for business, marketing and commercial purposes, including but not limited to, providing the products and services you request, processing your claims, protecting against fraud, maintaining security, confirming your identity and offering you other insurance and financial products.
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Joint tenancy with survivorship is a way for two or more persons to hold equal interests in an asset. If one joint tenant dies, his or her share generally passes automatically to the other joint tenant by right of survivorship. This can eliminate questions about ownership of the account, and helps prevent funds from being tied up in probate court.
For example, if a married couple own an account jointly with rights of survivorship and one dies, the money in the account belongs to the surviving spouse.
Your State Farm® agent can help explain your options to you, assist in setting up your joint account or policy, and answer general questions you and your advisers may have.
Neither State Farm® nor its agents provide tax or legal advice.
Each State Farm insurer has sole financial responsibility for its own products.
State Farm Life Insurance Company (Not licensed in MA, NY or WI)
State Farm Life and Accident Assurance Company (Licensed in NY and WI)
IL - 27.7