Should you put your home in the name of one child versus several children?

Putting your home in the name of one child can simplify ownership and decision-making, but it may also lead to feelings of favoritism among siblings. If the property is intended to be shared or if you want to avoid potential disputes, placing it in the name of several children might be a better option. However, consider the tax implications and the financial responsibility each child may have. Consulting with a legal or financial advisor can help you make the best decision based on your family's dynamics and future plans.