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.

Sure, Alfie, you can do that anywhere, but why would you want to? You've
already paid the taxes and the other person can make off with the assets. If
you retain enough control the transfer will be disregarded. Try again, boy.

And they incorporate for what reason?

Damn, I forgot, you're a Bushie and brain dead!

Don't backpedal, Alfie. You backed up Bob's strategy of putting assets in
his
wife's name as asset protection. That CG ID doesn't list any corporation.

You do have difficulty following along don't you?

That the best you can do? Damn, I thought you were better.

You've
already paid the taxes and the other person can make off with the assets. If
you retain enough control the transfer will be disregarded. Try again, boy.

Skitchy, please explain how my wife "can make off" with the boat. Our agreement
specifically lists any items brought into our marriage as co-owned. So let me
know...maybe I can make off with her new jewelry!

RB

You've
already paid the taxes and the other person can make off with the assets. If
you retain enough control the transfer will be disregarded. Try again,
boy.

Skitchy, please explain how my wife "can make off" with the boat. Our
agreement
specifically lists any items brought into our marriage as co-owned.

This is the non-prenup, pre-nup (actually sounds like the opposite of one -
weird)? Methinks you got bad advice, my friend. What benefit are you getting
from this arrangment? Be honest with me, and I'll help you. If you have an
agreement that provides that despite her having title you co-own things, then
the agreement removes the benefit of not owning it - you own it. On top of
that, the agreement may not be enforceable - leaving you high and dry. Just
don't get divorced, or fix it first.

On top of
that, the agreement may not be enforceable - leaving you high and dry. Just
don't get divorced, or fix it first.

Our marriage agreement is quite standard and it was well researched. It
overides titles, deeds and even "gifts." The boat and the next boat are not in
my name due to insurance issues that are specific to me.If we ever divorced I
wouldn't want this boat...or the next one anyway.

RB

If we ever divorced I
wouldn't want this boat...or the next one anyway.

Read: I don't know how to sail.


S/V Express 30 "Ringmaster"
Trains are a winter sport

On top of
that, the agreement may not be enforceable - leaving you high and dry. Just
don't get divorced, or fix it first.

Our marriage agreement is quite standard and it was well researched. It
overides titles, deeds and even "gifts."

Sure, they can do that, a contract to transfer a deed overrides it. But
consider that in the legal world a contract is one of the weaker forms of
indicia of asset ownership. That means that you may not win if it is
contested. Just a little advice for ya, that's all.

The boat and the next boat are not
in
my name due to insurance issues that are specific to me.

OK, whatever man. Maintain the mystery.


If we ever divorced I
wouldn't want this boat...or the next one anyway.

That is either a very romantic notion, ie, you'd be too distraught to worry
about a material thing like a boat. Or, it is a very sinister notion, as in
you would expect so much of Suzanne's assets that you could get a great boat.
I wonder which one it is.