Quote:
Originally Posted by 1950bing
I would be very very careful about adding names to the deed. First of all, they may not want to be on the deed because of all problems t/s can create. ( increasing costs ) They are not for everyone.
When it is no longer wanted they will also get stuck in trying to get rid of the thing. Do you really want to do that to your kids?
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I have to agree with Bing on this question. You need to be careful with what liabilities you are passing on to your kids, and make sure they fully understand their obligations after you are gone.