How do I protect my assets from my brother’s bill collectors?
March 25, 2014 9:16 PM Subscribe
My brother went and got stage 4 cancer couple years ago without insurance. He’s not worked since and is now on public assistance. To maintain that assistance he will have to liquidate his shuttered small business. His sustaining chemo keeps him pretty sedate and very bored so I’d like to loan him my idle 3-D laser marker to do artsy-fartsy stuff. I’d put the marker in his house that he owns outright... do I have to worry about losing the marker to his bill collectors (health services debt accrued prior to public assistance)? If so, how do I loan him the equipment and protect my ownership? I don’t think his girlfriend is a co-owner of the house but I suspect his 4 year old son somehow is.
posted by tinker to Law & Government (6 answers total) 1 user marked this as a favorite