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  1. Terry_w

    Is this a good move for current situation

    They cannot block the transfers. It can be done, but any undermarket transfer could be attacked. They would have no grounds to sue the son. But if the dad were to get a judgment against they could then bankrupt the dad. The trustee in bankruptcy could then investigate the transfers that the...
  2. Terry_w

    Is this a good move for current situation

    As you know you cannot just transfer assets before being sued and having these assets safe. There are provisions to make these transactions void under both commonwealth law and state law. it doesn't matter who they are transferred too - whether a discretionary trust or the son. but there are...
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