Legal Question in Real Estate Law in Illinois

1. There will not be anything you can do to compel him to do so.

2. The transfers may have income tax consequences, gift tax consequences.

3. The property will become exposed to claims against your son, such as judgments, and would be exposed in the event of a bankruptcy.

Have you considered seeing an attorney to review what you are trying to accomplish and the best way to do it?

I agree with Mr. Repay. WHY are you doing this? What is the goal? If it is to increase homestead or get resident tax exemptions, there are other ways of doing it that don't jeopardize your position.