Possible tax / liability issues
Florida does have Quit Claim, so it is easy to transfer title. However, there are potential tax issues and liability issues down the road.
Years from now, if you sell the home at a price much larger than your cost basis, the primary home sale capital gains tax exemption is only half of what it would be today, when both of you own the home.
If your wife is successfully sued, you could lose the house as part of the settlement. When tilted Tenants by the Entirety the home is protected.
There are other possible issues.
Seek professional advice before doing this.
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