Posted by Wayne-NC on February 15, 2006 at 21:20:00:
That depends. What are you trying to accomplish? First off, you said “investments”. Is your home an investment? What is your definition of investment? Assuming a liability issue,if you deed your home to a business you will then loose the preferential tax treatment upon sale. If you keep it in your own name you have the mortgage lien which may make it undesirable to a creditor and depending on the state where you live, you have the homestead exemption. Check that and have a strong liability policy in place. That will give the plaintiff something else to shoot for and leave your home alone. Besides, it comes with it’s own defense team.