What is one benefit of ownership in a tenancy by the entireties?

In a tenancy by the entireties, one significant benefit is that the estate is subject to foreclosure only for debts that are jointly incurred by both spouses. This form of ownership is specifically designed for married couples, creating a legal co-ownership in which each spouse has an equal and indivisible interest in the property.

Because of this structure, if one spouse incurs a debt that is solely in their name, creditors cannot pursue the property to satisfy that debt. This provides a protective layer for the family home, ensuring that it cannot be taken away due to individual financial issues. Thus, should the couple face financial distress, only debts that both partners are responsible for can lead to the foreclosure of the property, securing the estate from being claimed by creditors for one spouse's individual financial problems.

This highlights the key protective advantage of tenancy by the entireties over other forms of ownership, making it an appealing choice for many married couples.