Legal Question in Real Estate Law in Maryland
property protection
My wife and I own a one acre lot in virginia, we've had
some problems in the past, there are judgements pending
our question is Can we get some type of protection so that our property will not have a lien placed on it, since it is in another state than where we live? Putting it in our daughters names perhaps.
Asked on 4/11/04, 11:51 am
1 Answer from Attorneys
G. Joseph Holthaus III
Law Offices of G. Joseph Holthaus
Re: property protection
Transfer to daughter is a potential idea. However, you cannot avoid all liability where it can be shown that you transferred the property to
evade payment of a lawful debt. Consult an attorney in the state where the property is located.
Answered on 4/12/04, 8:45 am