"Jointly or to the survivor absolutely" - meaning

Golactico

I am the executor of a will. The section of the will entitled 'Money' has six lines where sums of money are bequeathed.

Four of the lines clearly state that £XXX is to be given to a named individual with their address provided.

However, two of the lines are in the following format:

I give the sum of £XXX to PERSON A, PERSON B and PERSON C all of ADDRESS PROVIDED jointly or to the survivor absolutely.

Can anyone with a legal eye confirm my assumption that this means that the amount specified is to be shared between the named people, with the survivor being entitled to it all, should the other two have passed away? I think it's fairly obvious that this is what it means, but I just want to be sure.

Many thanks for any replies.

msb1234

Yes, that’s correct. So A, B, C get an equal share. If A dies, B and C get and equal share, if A and B die, C gets the lot.