Ahhhh yes! By contract, the 34XL is now mine. Still, she'll be registered in my
father's name!

RB

Funny ......... the only reason someone would put everything they buy in other
people's names is creditors must be after him or he thinks there is a good
chance he will be sued one day because his "business" is a scam. Boob****
what's your reason?
S/V Express 30 "Ringmaster"
Trains are a winter sport

Funny ......... the only reason someone would put everything they buy in other
people's names is creditors must be after him or he thinks there is a good

Could Loco be this ignorant? There are many reasons why we put the boat in her
name, none of which had anything to do with credit.

RB

Yeah, Suzanne is the sole owner of the boat, so it makes sense that it is in
her
name only. Just how ignorant can you be, Loco?

No sole ownership of properties acquired during a marriage. Buying a house in
my name won't make it so. Same for a car or a boat. Wish it were different.

RB

Funny ......... the only reason someone would put everything they buy in
other
people's names is creditors must be after him or he thinks there is a good
chance he will be sued one day because his "business" is a scam. Boob****
what's your reason?
S/V Express 30 "Ringmaster"
Trains are a winter sport

No actually it's because smart businessmen realise that things can go
wrong over which you have no control and that with liability and
litigation the way it is today, it's smart to protect your assets.


They do that by incorporating, dimwit.

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

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.

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

Insurance issues.

RB

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.

Could Loco be this ignorant? There are many reasons why we put the boat in
her
name, none of which had anything to do with credit.

I never said anything about that one. I only commented after you posted you'll
be puting the "new" boat in daddy's name.
S/V Express 30 "Ringmaster"
Trains are a winter sport