Giving away assets is another estate "plan" people use.
Parents often give their assets to their children, thinking it will make things easier if they become incapacitated and after they die.
But what happens if you want -- or need -- the asset later? Will your children give it back to you? Maybe, maybe not.
You know the old saying, "Never say never." Here's one time you'd better ignore it. NEVER give away an asset you may need later -- not even to your children!
