The advantages of writing children's names in the house
1, which can be exempted from some taxes.
If parents directly register the house in the name of their minor children, it will save a lot of money, which is much more convenient than giving the house away or being inherited by the children in the future, and there is no need to worry that the children will have to pay inheritance tax in the future.
2, the husband and wife divorce, clear division of property.
According to the new marriage law of our country, no matter how many years of marriage, the property before marriage will be owned by one party, and there is no need to divide it when divorcing. The house bought by a child when he is underage must belong to pre-marital property, so there is no need to worry about the divorce and separation of the child.
3. Protecting children's rights and interests
Many couples are at odds and may get divorced. If they buy a house with the child's name written on it, the house will also belong to the child after the divorce. The house can only be temporarily managed by the party who has obtained custody of the child, and neither husband nor wife has the right to dispose of the child's property. This protects the rights and interests of children.
4. Avoid bankruptcy risk.
Some parents may have been engaged in business and accumulated a lot of wealth, so they buy real estate in the name of their children as financial management. If you are faced with risks such as business failure and insolvency, you can still keep part of your capital and leave a way out for yourself and your children.
Disadvantages of writing children's names at home
1, the pressure to buy a house is relatively high.
If the child is still a minor, it is impossible to buy a house through a bank loan. Parents can only buy a house for them in full, but for young parents with insufficient funds, the financial burden is large and it is difficult to bear the full purchase.
Parents can't take back the house.
Minor children are the legal owners of houses. After the implementation of the Property Law, the property rights of houses have been more clearly protected. It will be a big obstacle for parents to take back the house if their children don't fulfill their obligations to support their parents when they grow up.
Parents can't dispose of the house at will.
Parents can't transfer or mortgage at will. Only when it is proved that it is for the benefit of their children can parents dispose of the property under their children's names. For example, it is proved that it is for the treatment of minor children and studying abroad. When the children grow up, parents want to sell, give or mortgage the property, and only when the children entrust them, parents have the right to deal with it.