Joseph CascianiGeropsychologist, Consultant, Public Speaking, Freelance · Podcast Host of the Living to 100 Club | Clinical Strategies for Senior Residential Settings & Lifestyle Directors | Geropsychologist | Keynote Speaker

What if the biggest threat to your future isn't aging itself?

4 Jun 2026 · 1 min

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In this brief monologue, the speaker warns that using a quitclaim deed to transfer a home to one’s children effectively gives away the family’s largest asset for free. By doing so, the owner forfeits the accumulated equity and eliminates the possibility of the house being passed on as an inheritance valued at the date of death. The speaker emphasizes that this approach destroys the financial benefit of the property and advises against it as a poor estate‑planning strategy.

Sometimes what people will do is they'll quitclaim away their biggest asset, which is their house, to their kids, somebody, and that is essentially giving away your biggest asset to somebody, whoever that is, for nothing. And you are ruining it as being a potential inheritance, 'cause it's not. Lose your equity and what you built in the house over time, because they should take it at your date of death value, and you've just given it away.