Minnesota Estate Planning That Will Help You Get Your Affairs in Order

Timothy J. Scott's Blog

Posts tagged Medicaid
3 Reasons Why Transferring Ownership Of Your Home To Your Child Is A Bad Idea

Whether it’s to qualify for Medicaid, avoid probate, or reduce your tax burden, transferring ownership of your home to your adult child during your lifetime may seem like a smart move. But in nearly all cases, it’s actually a huge mistake, which can lead to dire consequences for everyone involved.

This week’s blog article talks about the 3 reasons why transferring ownership of your home to your child is a bad idea. Check out the link below!

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