The American Bar Association Business Law Section has released “The Fraudulent Transfer of Wealth: Unwound and Explained,” that examines the intersection between fraudulent transfer laws across states and application to modern-day wealth transfer planning transactions.
Fraudulent transfer laws refer to statutes enacted by states that establish the rights of creditors against debtors where it appears the debtor fraudulently transferred property to avoid paying creditors. Typically, such action is a civil legal matter and can also occur within the context of federal bankruptcy proceedings.
The book provides a comprehensive history explaining how these laws have been applied, examines wealth transfer planning and identifies issues for wealth transfer planners and creditors, among other topics.
The book includes a listing of case law that allows creditors to analyze new strategies through analogy to old tricks. This guide will also help wealth transfer planners navigate complex fraudulent transfer laws to ensure the effective transfer of wealth and boost their clients’ portfolios.
“The Fraudulent Transfer of Wealth: Unwound and Explained” is available as a paperback for $89.95.
To order, call 800-285-2221 or visit Shopaba.org.
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