{"id":6059,"date":"2017-01-30T22:47:03","date_gmt":"2017-01-30T22:47:03","guid":{"rendered":"http:\/\/www.racinelaw.net\/?p=6059"},"modified":"2017-01-30T22:47:03","modified_gmt":"2017-01-30T22:47:03","slug":"3-reasons-not-gift-home-child","status":"publish","type":"post","link":"https:\/\/www.racinelaw.net\/blog\/3-reasons-not-gift-home-child\/","title":{"rendered":"3 Reasons to Not Gift Your Home to Your Child"},"content":{"rendered":"

By Lane V. Erickson, Attorney<\/a><\/p>\n

Several times over the last year I’ve had clients talk with me about their Estate Planning. In the course of our conversations I have learned that some of my clients have taken the step of gifting their home to their child, either out-rightly or through a Deed as a joint tenant with a right of survivorship included. My clients have indicated that they feel like it is a good idea to either give their home away to their child or to have their name on the title of the home with them. Sometimes my clients believe that by doing this they have taken care of the home and don’t need to worry about it as part of their estate planning. Here are the 3 main reasons why it is not a good idea to either gift away your home to a child or to name your child as a joint owner on a home with you.<\/p>\n

1. YOUR CHILD\u2019S CREDITORS<\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

By Lane V. Erickson, Attorney Several times over the last year I’ve had clients talk with me about their Estate Planning. In the course of our conversations I have learned that some of my clients have taken the step of gifting their home to their child, either out-rightly or through a Deed as a joint […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[],"class_list":["post-6059","post","type-post","status-publish","format-standard","hentry","category-estate-planning"],"yoast_head":"\n3 Reasons to Not Gift Your Home to Your Child|Racine Olson<\/title>\n<meta name=\"description\" content=\"By Lane V. Erickson, Attorney Several times over the last year I've had clients talk with me about their Estate Planning. 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