If you transfer your home into your children’s name and continue to live in it rent free then it will be classed as a Gift with Reservation of Benefit. Therefore, HMRC may still include it in your estate for Inheritance Tax purposes.
Giving away your assets when there is a strong likelihood that you will require some extra help with your care is called a Deprivation of Assets. The Local Authority may investigate this and the care costs may transfer to your children.