Legal Question in Criminal Law in Massachusetts
protect assets
I am currently in the beginning stages of a criminal trail for stealing money, (court date set for May 08) can I protect my assets from this trail by transfering everything (all assets) to my spouse, if not is there a way to protect asset from this case
2 Answers from Attorneys
: protect assets
First you are accused of stealing money, and now you want to hide it from a possible finding.
This is the wrong place to ask such questions. This is the wring mindset to have.
Re: protect assets
That is fraud and illegal. Besides that, under the statute, the transfers to your wife can all be un-done by the court, and if the money is gone, your wife is probably then exposed to liability as well. I believe in addition that if you do this and the transaction is judicially un-done, you will also be responsible for paying the attorney's fees of the party who had to go through the process to un-do the fraudulent transfer.