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Updated over 8 years ago on . Most recent reply

Naia L.'s profile image
Naia L.'s profile image
Naia L.
  • from Moreno Valley, California
  • Member since Oct 27, 2016
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Naia L.'s profile image
Naia L.'s profile image
Naia L.
  • from Moreno Valley, California
  • Member since Oct 27, 2016
Connect
Naia L.
  • Moreno Valley, CA
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Personal Finance

How should I best protect my home from creditors?

Naia L.
  • Moreno Valley, CA
Posted

I run a small family business and plan to retire in the next 2-3 years. Recently I have been hearing terrible stories of people, normal hard working people getting sued, leaving them nothing! So I have been thinking of changing the title of my home to my daughter. But I'm afraid there will  be tax implications for her... is there a better way to protect my home from creditors?

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