Re: Transfer Property when You Have Credit Card Debt
that would depend on when she is sued. If it is viewed as a fraudulent conveyance intended to deprive the creditors of their rights to attach the property, they can seek a court overturn the transfer.
Is the home paid for? If not, the mortgage lender will generally not allow such a transfer anyway unless you assume the mortgage, if that is even a possibility.
Then you have tax implications to contend with.
I am not an attorney and any advice is not to be construed as legal advice. You might even want to ignore my advice. Actually, there are plenty of real attorneys that you might want to ignore as well.