Hello I have had a chat with mum and dad about their finances and they are pretty keen to sign their house over to my sister and I, just in case either of them needs to go into a home in the future and have to sell their house to cover the costs. They are both in good health now and have shown no indication that they might need residential care in the forseeable future. I was wondering how this is done, whether they have to "pay" us "rent" to demonstrate our ownership and whether there are any other points to consider. One point is that my husband and I already own a house (we don't live in it), so if I had two homes in my name and my husband and I decided to sell up, we'd be liable for capital gains tax. Could we sign the mum and dad's house to my sister while we sell and then sign it back to joint names afterwards?