And you lose a 250-500k capital gains exemption if you sell the house and it's not owned & lived in by you directly AFAIK
The issue with this system is it also lets people look up where you live by name alone, which can be bad if you want to own your house and have a stalker problem. The map works 2 ways.
Not true with a revocable trust, which costs under $1000 to establish and provides all the same benefits of owning the real estate directly without disclosing ownership.
Disclaimer: Applies primarily to IL and FL, not an attorney, nor your attorney.
