Transfer title, take a risk

Q: My parents -- for estate planning purposes -- have transferred the title of their main residence and summer house to me. I am wondering if I could be sued, should anyone be hurt on their (my) property.

Do you have any recommendation as to how to handle these two properties?

A: I wish parents would stop transferring title outright to their kids, for estate planning or other purposes. It can cause several other serious issues.

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