Many children have the sentiments to keep the names of their parents to be remembered for and so they give their names to their new house, shop,new business venture, etc. It will be a very special emotional feeling when others talk in love, regard and respect and gratitude about our parents. To be worthy of children of such god parents children alo should do good to others and be in service to others. The guiding factor will be the memory of their parents.
To keep alive the memory of their parents and to remember them every day, children place the photo of the deceased parents in a vantage point at their home, so that they will have the view when they go our or come in. Just as we bow to and pray to gods many children do the same in front of the photos of their parents.
Another way is to name their new houses after their deceased mother/father.
I have done that.
I have named my new(reconstructed) house after my late father. I have named it as HOME.... with h &e in small fonts and OM in large font followed by the name by which my father was familiar to all in my place. So that the pronunciation becomes OM....I consciously wanted to be so.
For example if Ram was the name then it can be HOME RAM, So the pronunciation will e like OM RAM.
To my previous flat I had named as ....kripa, with my fathers name as surf. The suffix cn be a word that means 'blessings'. 'care' etc. After all what the residents need is the blessings and auspicious effects and memory of their parents.