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To: Larry Lucido
I agree. It’s one thing to have sympathy if he has no resources but I can’t sympathize with his desire to sequester any inheritance for some purpose other than paying legitimate creditors.

I can. There are some family heirlooms that no one, and I mean no one, will get their hands on. I would absolutely transfer those to children or relatives to keep the hands of anyone else off of them. Granted, most family heirlooms might not be worth all that much. But the ones in my dad's family are worth quite a bit more than his house.

I also find it morally suspect to spend your children's inheritance before they even get it.
18 posted on 05/08/2007 11:21:49 AM PDT by JamesP81 (Isaiah 10:1 - "Woe to those who enact evil statutes")
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To: JamesP81
"I also find it morally suspect to spend your children's inheritance before they even get it."

It is not inheritance until they, ...well, inherit it (i.e. you are dead).

until then it is your assets, and if you want to keep them and have taxpayers cover your bills then you are missing the whole point here.

28 posted on 05/08/2007 1:09:45 PM PDT by Mr. K (Some days even my lucky rocketship underpants don't help)
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