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Legal and Financial Protection

What is a fraudulent conveyance?

Short answer

A transfer of assets made to avoid creditors — for example, transferring property to a family member shortly before death to hide it from the estate. Creditors and the probate court can reverse fraudulent conveyances. If you received a transfer from someone…

What this usually means

A transfer of assets made to avoid creditors — for example, transferring property to a family member shortly before death to hide it from the estate. Creditors and the probate court can reverse fraudulent conveyances. If you received a transfer from someone shortly before their death, consult an attorney about whether it could be challenged.

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