Estate Planning Defense
Intent_Estate_Planning Test_Intent Goodfaithestateplanning
Debtors will sometimes argue that they did not have an intent to defeat creditors when they engaged in certain transactions on the grounds that they were instead involved in "estate planning", and thus this is known as the estate planning defense.
This defense is only very rarely successful, and is usually easily defeated by creditors. Among other grounds:
Despite the fact that this defense continually flops, and badly, it keeps getting asserted by debtors.
ESTATE PLANNING DEFENSE ARTICLES
- 2016.01.30 … Fraudulent Transfers In Hypnotic Taxi