we are an elderly couple wanting to move to a senior facility. we would like to know the proper way to turn our property over to our children.

Dear Senior citizens:  You can merely prepare and sign a Quit claim Deed, transferring the property to your Children.  However, to protect your transfer and make it "attachment proof" by a retirement facility for the dollars involved, I strongly urge you contact and retain an experienced real estate Attoreny to prepre a proper WarrantyDeed, for value.

An experienced Attorney can further explain the words "for value" and the reason it should be included - for tax advantages and also to demonstrate that it is a business transaction, and not a gift, subject to gift tax, etc.

Good luck!  Happy retirement.

Sincerely, J. Norman Stark, Cleveland, Ohio..