I had read that Paterno had also given his wife the lease to the house for a dollar.
Since there’s no tax advantage or legal advantage for doing so, it can only come down that he’s protecting his assets from any civil lawsuits.
Kinda indicates that he had knowledge of his Sandusky’s activities.
As one of my co-workers pointed out, when was the last time you saw Joe Paterno at a Penn State game wearing a headset? I honestly can't remember when.
If he isn't wearing a headset, he isn't calling any plays in the game. If he wasn't calling plays about football, his area of expertise, then it is entirely possible that he was clueless and just being paraded out to promote the Penn State brand.
If he's clueless about football, it is entirely possible that he is also clueless about what went on off the field.
We have a presumption of innocence in this country until all the facts are in.
The property transfer smells to high heaven. There is legal precedent for voiding such asset transfers in cases of pending civil or criminal litigation. I’m not familiar with PA law, though.
But the thought just occurred to me, will one of these guys get a “deal”, in order to convict someone else?
He's going to be implicated no matter what happens so he's doing the wise thing and protecting his assets for his wife who had nothing to do with this scandal
If Paterno knew all these years and was afraid of lawsuits why did he wait until July of this year to protect his wife's assets? He could have done it years ago.