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by gringo pistolero
Sat Jun 23, 2012 3:26 pm
Forum: General Texas CHL Discussion
Topic: You use your firearm...want to keep your property?
Replies: 25
Views: 6365

Re: You use your firearm...want to keep your property?

That's why I said ethically rather than legally.
by gringo pistolero
Sat Jun 23, 2012 2:36 pm
Forum: General Texas CHL Discussion
Topic: You use your firearm...want to keep your property?
Replies: 25
Views: 6365

Re: You use your firearm...want to keep your property?

RPB wrote: People might want to divest their ownership in a property for many other reasons. One person might set up a SELF-TERMINATING REVOKABLE TRUST to transfer assets to a trust with girlfriend as trustee and her mom as beneficiary while he qualifies for financial aid for college and the trust self terminates at Graduation or after 6 years or whatever.
Ethically that sounds like fraud even if it's not legally. Like someone making $100,000 through a foreign company they set up and applying for food stamps because "they" have no income.

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