Joint Tenancy:

A considerable number of individuals hold title to their real property in “joint tenancy with right of survivorship.” This is usually done between a husband and wife. Holding title to real estate in this manner will assure that upon the death of the first joint tenant, title will pass to the surviving joint tenant, which process can be perfected with a minimum of effort and cost.  However, problems start to arise when the surviving joint tenant wants to then pass title to his or her heirs, usually the children.