All the following statements concerning real property ownership by married couples as joint tenants with right of survivorship are correct EXCEPT:

All the following statements concerning real property ownership by married couples as joint tenants with right of survivorship are correct EXCEPT:
A . The deceased spouse’s interest in the property qualifies for the marital deduction since it passes outright to the surviving spouse.
B . All benefits of ownership remain available to the surviving spouse without interruption during the administration of the deceased spouse’s estate.
C . Jointly held property between spouses does not pass through the probate estate of the first spouse to die.
D . In common-law states the total value of the property receives a stepped-up tax basis in the estate of the first spouse to die.

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Answer: D