Legal Question in Real Estate Law in Georgia

Yes, if you want it done correctly. Several questions come up. Whether or not there are better estate planning options; Tax implications; whether or not you are (unintentionally) setting up a dispute between your children if they disagree on something down the road, etc.

Yes, unless you want a mess. Besides the fact that a slight error could cloud the title, you also have gift tax issues to consider, and practical ones (in other words there may be other options you should consider).