If a person who may be under investigation transfers all their assets to a trust account, can the the bank records for the trust be obtained?
Answered on: 2/02/12, 8:32 pm by Ronald Cappuccio
Yes, such a transfer would be deemed a "Fraudulent Transfer" under NJ law and in most States. The person should immediately contact and estate and tax lawyer to work on asset protection.
I hope this helps!
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Ronald J. Cappuccio, J.D., LL.M.(Tax) 1800 Chapel Avenue West, Suite 128 Cherry Hill, NJ 08002► Other answers from this attorney