It is very common for someone to own property jointly with a sibling. When children are involved, they are usually the beneficiaries of the parents’ estate. In a best case scenario, the estate that is left to the children is divided equally among the kids, which would include joint ownership of any real estate. However, things can get a little tricky when you consider what it means when one of those co-owners passes away. There is more than one way to hold a title jointly. Before you make any decisions regarding your estate planning, make sure you contact a trusted.