If you own a home in the Bay of Quinte and are thinking about adding your child to the title, you’re not alone. Many homeowners consider this step to avoid probate, reduce taxes, or make things easier for their family later on. While it may seem like a smart and loving decision, adding a child to title can create serious financial, legal, and family complications that most people don’t see coming. Before making a move that’s difficult to undo, it’s important to understand how this decision really works — and whether there are safer alternatives that better protect you and your family.

Why people believe adding a child to title makes sense

Many homeowners consider this option because they believe it will:

• Avoid probate and delays after death

• Reduce or eliminate taxes

• Make selling the home easier for their children

Keep the home “protected” within the family

These assumptions are common — especially among seniors planning for retirement or downsizing in the Bay of Quinte — but they don’t always hold up in practice.

Where things often go wrong

When you add a child to title, you are giving them legal ownership right now, not later. That shift can trigger consequences such as:

• Capital gains tax exposure: If your child does not live in the home, part of your principal residence exemption may be lost, leading to unexpected taxes.

• Loss of control: You may no longer be able to sell, refinance, or make major decisions without your child’s consent.

• Risk from your child’s circumstances: Divorce, debt, lawsuits, or bankruptcy involving your child can put your home at risk.

• Unequal outcomes for other children: Adding one child to title can unintentionally disinherit others or create family conflict.

• False sense of probate protection: Depending on how ownership is structured, probate may still apply — sometimes with added complications.

Emotional and family considerations

Beyond finances, these decisions can strain family relationships. What begins as “planning ahead” can turn into misunderstandings, pressure, or resentment — especially during already emotional life transitions.

Safer alternatives worth exploring

In many cases, there are better ways to protect your wishes and your home, including:

• A properly drafted will

• Powers of attorney

• Trusts or estate planning strategies

• Professional guidance tailored to your situation

The right approach depends on your goals, family structure, and future plans — particularly if downsizing in the Bay of Quinte is part of your journey.

The bottom line

Adding your child to the title of your home is not a shortcut — it’s a permanent legal decision with long-term consequences. Before making a move that’s difficult to undo, it’s worth slowing down and getting informed.

If you’re thinking about downsizing, estate planning, or selling a home in the Bay of Quinte, I’m here to help you see the full picture.