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It’s unsurprising that clients are often on the lookout for “simple” solutions, including adding a child directly to title of their assets while they are alive. However, on this quest for simplicity and efficiency, the legal consequences of some of these shortcuts are often overlooked. Efforts to transfer large assets, like a house, into the hands of adult children to avoid paying tax or allow for immediate payouts, may be deemed to be a ‘resulting trust’ with certain strings attached.