Life Estate Planning includes adding your beneficiaries to your assets so that they are already owners of that asset when you pass. For real estate purposes, these beneficiaries are added to the Property Title. When this happens, you may wonder whether the liabilities on the home count as debt when purchasing your own home. For conventional home financing, if you are on the Title but not on the note, none of the debt associated with the property is counted as your personal debt, including property taxes, insurance, and HOA fees.