Yea, I'm sure that was his intent all along..........
Posted on 02/02/2012 11:31:18 AM PST by nickcarraway
Polo mogul defends adoption of adult girlfriend
The wealthy South Florida polo club founder who faces a DUI manslaughter charge is speaking out after he legally adopted his 42-year-old girlfriend as his daughter.
An attorney for John Goodman, who earlier this week adopted girlfriend Heather Colby Hutchins, said the unusual move was made to protect his children's trust.
"Nothing in this arrangement with Ms. Hutchins is illegal," attorney Daniel Bachi said in a statement Thursday. "Everything that has been done by Mr. Goodman was done with the intention to preserve and grow the assets of the Trust for his two minor children."
Goodman ran a stop sign in February 2010 and crashed into 23-year-old Wilson, according to police. Wilson died as a result of the crash.
Goodman will go to trial on March 6 to face charges of DUI manslaughter, vehicular homicide and leaving the scene of a crash. If the court finds him guilty during a separate civil suit, Goodman could owe money to the family of Scott Patrick Wilson, according to the Palm Beach Post.
The attorneys of the Wilson family claim that Goodman adopted Hutchins to protect one third of his assets, but Bachi says the adoption was to financially secure his two minor children.
"The adoption of Ms. Hutchins will have no effect on the civil proceedings as none of the assets of his children's Trust belong to Mr. Goodman," Bachi said. "All of the assets of the Trust have been disclosed to all parties in the current civil proceedings, so any allegation of hiding or secreting of assets is totally false."
Circuit Judge Glenn Kelley, however, said that the timing of the adoption coincides with the risk of losing money, according to the Post.
"The defendant has effectively diverted a significant portion of the assets of the children's trust to a person with whom he is intimately involved at a time when his personal assets are largely at risk in this case," Kelley was quoted as saying.
Goodman founded the International Polo Club Palm Beach in Wellington. He could serve up to 30 years in prison if found guilty in the crash.
And assuming equal shares, he’s reduced his two minor children’s share in the trust by 33% by putting his girlfriend, now “daughter” into the trust.
I have a very strong feeling this will not stand up in court. There is something in the law referred to as a “fraudulent conveyance”. This seems pretty fraudulent to me.
dude, adopting your wife (in all but govt paperwork) so she can split the cash with the real kids
AIN’T NORMAL
Ain't normal or ain't been done before? Like I said, whatever it takes to screw the lawyer sharks and this guy's plan is brilliant.....at least it sounds like it is.
The only ones getting screwed are the kids who lose 1/3 of their inheritance. He should have just married the woman, jeesh
The only ones getting screwed are the kids who lose 1/3 of their inheritance. He should have just married the woman, jeesh
There is the potential that the jackals and their willing jurists could conceivabley award his entire fortune to the family that is suing him. However, they cannot go after the trust set aside for his "MINOR" children. Because they are MINORS, they can not access those funds until they reach legal age.
Marrying his girlfriend will accomplish nothing. By adopting her and granting her as a daughter 1/3 of the entire trust, he and she will at least have some portion of his assets available to them should he lose everything in this upcoming lawsuit since the trust fund is protected from seizure.........
You may think that you have your bases covered in the amount of automobile insurance you carry but there is nothing prohibiting the victim of an accident you are involved in from suing you for everything you have........
if he sleeps with her after adoption, that is incest and he should be imprisoned.
This guy is just another person trying to destroy the definition of family IMO
Whatever.........sheesh!
exactly what I expected.
Destroy the who concept of a family in the process because of his selfish, vain and base desires.
Yea, I'm sure that was his intent all along..........
Of course. You don’t need to do something like that to create a trust fund for a person.
I still can't believe I was banned from http://conservativecave.com
Boy, I'm stymied too.......... (NOT!)
Seriously dude, you need to get yourself a life.........
conservativecave is not conservative and you can get computer viruses there.
CC is run by petulant children who ban members for no good reason, lie about them afterwards and erase their posts.
You are the one who brought it up. Have any adopted kids your sleeping with? You seem a bit defensive about it, thats why I am asking.
DUmmies are welcome to post at CC and do regularly, conservative christians will be banned if they complain about all the porn threads.
That sound conservative?
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