I want to put my house in my children's name
What is the best way to do this.?

You will need to utilise the services of a settlement agent and not DIY

Children will need to demonstrate servicing capacity if a debt is also to be transferred?

Stamp duty at the nominal value will also be payable.

Happy to pass on details of a settlement agent / property lawyer I use for all my clients based in Osborne Park.

Cheers.

Hello Sylvia.
you may want to get some tax advice in advance for yourself and your children. This home is probably exempt from capital gains tax unless you have run a business from it, or earned rental income at some point. If you transfer the house to your children you may incur capital gains tax.
Also you may find that you could be handing a future capital gains tax headache to your children.......that could be avoided with some careful planning.
I strongly recommend that you get some advice on this before you race out and sign transfer documents.
good luck
Brendan