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No. You should not normally transfer your house to your children. A number of people will need to sell their house to purchase a smaller one or to purchase a unit in an assisted living facility. It is far better to maintain flexibility for yourself than to be concerned about adult children.

There is all the difference in the world between living in a well run assisted living facility and in a county nursing home for the indigent where the urine soaked rugs smell horrible.

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15y ago

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