Question: what are the dangers of joint tenancy?
Answer: Danger #1: Only delays probate. ... , Danger #2: Probate when both owners die together. ... , Danger #3: Unintentional disinheriting. ... , Danger #4: Gift taxes. ... , Danger #5: Loss of income tax benefits. ... , Danger #6: Right to sell or encumber. ... , Danger #7: Financial problems.