It’s A Bad Idea To Add Minor Children, Or Any Children, To The Title Of Your Home

If you are thinking about adding your minor child to the title of your home, or any child for that matter, listen to this episode first. I discuss a number of things that you need to consider before making your child a joint owner of your home, including having to petition the Probate Court to appoint a Conservator, loss of control over your home, liability for your child's creditors, gift taxes, capital gains taxes, and more.