Posted on 02/02/2012 11:31:18 AM PST by nickcarraway
And assuming equal shares, hes reduced his two minor childrens 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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