Is leaving the family home to your children really a gift, or could it become an unexpected financial burden? In this episode of Bridging the Gap, Lynn Bridges explores the realities of passing down an aging home as part of a legacy plan. He discusses the emotional attachments families have to longtime homes, the hidden costs of repairs, taxes, mortgages, and estate settlement, and why inherited property isn't always as simple as it seems. Lynn also explains common mistakes, including adding children to a home's deed, and shares why legacy planning should involve thoughtful conversations long before a crisis occurs. Every family is different, and this discussion highlights the importance of planning with both practicality and purpose in mind.

Book your complementary appointment to learn your retirement score and how Bridges Wealth Preservation can help at BridgesWealthPreservation.com or call 435-674-1037.

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