Inthedetails
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I also think it's an old-school arrangement in general. I know my father (who was not a criminal!) put everything in my mom's name. I think the idea is it's a financial safety net, especially for stay-at-home-moms and wives who will likely outlive husbands. (I don't know if his wife works outside the home or not.)Maybe they moved the assets to the wife with all the other stuff that was circulating prior?
I do not see anything nefarious in putting assets in her name, but it might come in handy now when he needs to prove he can't afford legal counsel.
jmo