Please Ignore How I Transfer Bailout Wealth To My Wife
Interesting property largess
"Disgraced Lehman Brothers CEO Dick Fuld isn't the only embattled corporate bigwig to pass off a pricey house to his spouse - Chrysler CEO Robert Nardelli and ousted Merrill Lynch chief Stanley O'Neal did it, too, property records show."
"Tax lawyer Gary Botwinick told The Post, "There are a couple scenarios in which you might transfer a deed to a spouse. It's not uncommon to do it for estate planning or estate-tax purposes. You also might - if you are concerned about potential legal action - move it for creditor protection purposes."
"Disgraced Lehman Brothers CEO Dick Fuld isn't the only embattled corporate bigwig to pass off a pricey house to his spouse - Chrysler CEO Robert Nardelli and ousted Merrill Lynch chief Stanley O'Neal did it, too, property records show."
"Tax lawyer Gary Botwinick told The Post, "There are a couple scenarios in which you might transfer a deed to a spouse. It's not uncommon to do it for estate planning or estate-tax purposes. You also might - if you are concerned about potential legal action - move it for creditor protection purposes."
posted by nolocontendere at 12:00 AM
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