03-14-2012, 03:23 PM
<< Goodman, 48, is not the sole heir to a heating and air conditioning fortune. He created a furor when he adopted his 42-year-old socialite girlfriend, Heather Hutchins, as his daughter, apparently in a bid to protect his wealth from lawsuits. >>
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Apparently the author doesn't want to bother revealing another reason why someone might protect his trust fund.
His GF/"daughter" now has control of and access to a portion of a trust fund set up for all his kids. (iirc, he has 2 natural borns)
Trust funds usually are not allowed consideration nor plundering as assets for determining civil punishment debts.
They can go after anything he owns, but not his kids' stuff.
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Apparently the author doesn't want to bother revealing another reason why someone might protect his trust fund.
His GF/"daughter" now has control of and access to a portion of a trust fund set up for all his kids. (iirc, he has 2 natural borns)
Trust funds usually are not allowed consideration nor plundering as assets for determining civil punishment debts.
They can go after anything he owns, but not his kids' stuff.