DEBTOR WANTS TO PUT HOME IN WIFE’S SOLE NAME

Q. I am near retirement and currently drawing jobseeker’s allowance. It is my wish to transfer ownership of my house to my wife. However, there are a few judgements on the house relating to money I owe to financial institutions. In this situation, can I transfer the house into her sole name, where she will have no liability for these debts? And would it cost me anything to transfer the house into her name? Michael – Raheny Dublin 5

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