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Peter Wiley
 
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Default Bobsprit has 2 Boats!


BFD. Does doing this protect said assets from creditors? Generally not,
though there is a loophole..... as Bondy knew. I believe Ritchie Rich
used a variant of it recently as well, but his might come unstuck.

PDW

In article , Capetanios Oz
wrote:

On 13 Nov 2003 01:00:45 GMT, (SkitchNYC) wrote:

That's right. There is no viable asset protection scheme that involves
putting
your assets in another individual's name.


Really?
Here it's quite legal to place assets in another name providing the
appropriate taxes are paid during the transfer.


Oz1...of the 3 twins.

I welcome you to crackerbox palace,We've been expecting you.