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    meandyou12's Avatar
    meandyou12 Posts: 1, Reputation: 1
    New Member
     
    #1

    Mar 18, 2011, 07:46 AM
    Can I add my children to my deed/title of my vacation home. Grand Rapids, MI
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    smoothy's Avatar
    smoothy Posts: 25,495, Reputation: 2853
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    #2

    Mar 18, 2011, 07:58 AM

    You don't want to... put it in your WIll. It will save them money and not put it at risk if you needed to sell it. There are NO advantages... and many disadvantages and risks.

    It can be seized and a partition sale forced for example if even ONE of your kids ended up in bankruptcy as just one risk.

    There a LOTS or reasons you never... ever want to do this. I would talk to an estate planner to explain all of them to you.
    joypulv's Avatar
    joypulv Posts: 21,593, Reputation: 2941
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    #3

    Mar 18, 2011, 08:11 AM
    I agree with smoothy (although you can). Why do you want to?

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