Recent content by truthman

Thanks for your inputs again. The attorney whom I talked to was also unable to tell how this matter WILL unfold once fraudulent transfer proceedings start. However, he advised that getting back that money into my hands will defeat the following conditions in 726.105 and all conditions in...

“Marital income is JOINT income between spouses. You have issues in declaring it a loan.” It can be marital income. I read somewhere that even items purchased to be used in the home, after the marriage, will be treated as tenancy by entirety. However, I need money for my treatment, and by...

Thank you. Yes, it was earned during the marriage. In fact, this is the only income I earned in my life.

Thank you very much for your input!! I have some subsequent questions as my knowledge in these matters is very very low and I apologize for the same. I request you to kindly provide your response to the questions below. I will follow your valuable suggestion and will contact a local attorney on...

Thanks for your inputs. Yes sir, I talked to an attorney (I paid him but did not and could not hire) and he said that giving and collecting a loan is not fraudulent transfer under fraudulent transfer law 726.105 and 726.106 if the loan is paid back to me by the time the judgment creditor come...

Thanks for your inputs. I am facing a civil lawsuit since 2014 and it is still going on and is coming to an end. If I lost the lawsuit, my wife and son should not be dragged to fraudulent transfer claims...

What is the name of your state? Florida Since 2015, until 2019, I have been giving loans separately to my wife and our adult son. I have been filing joint tax returns with my wife. In 2015: I gave $20,000 loan to my wife, and $14,000 loan to son. In each of the years 2016, 2017, 2018, 2019, I...