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![]() 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. |
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