Hiding Your Assets

GUESTS: EDMUND PANKAU *Private Investigator *Author, _Hide Your Assets and Disappear: A Step by Step Guide to Vanishing without a Trace_ [HarperCollins, March 1999] ROBERT ELLIS SMITH *Publisher, "Privacy Journal," a privacy watchdog magazine published in Providence, RI *Author, _Our Vanishing Privacy_ [Loompanics, 1993] When it comes to protecting personal assets, the line between privacy and deception can be blurry. Some people use names of family members on their investments, for fear that a divorced spouse or Uncle Sam might want to take their share. And companies engage in a variety of practices, including setting up dummy corporations to save money. What are the legal and ethical boundaries for this type of activity? Join Ray Suarez and guests for a discussion of the limits of asset protection... on the next "Talk of the Nation" from NPR News.

Copyright © 1999 NPR. For personal, noncommercial use only. See Terms of Use. For other uses, prior permission required.

Copyright © 1999 NPR. All rights reserved. No quotes from the materials contained herein may be used in any media without attribution to NPR. This transcript is provided for personal, noncommercial use only, pursuant to our Terms of Use. Any other use requires NPR's prior permission. Visit our permissions page for further information.

NPR transcripts are created on a rush deadline by a contractor for NPR, and accuracy and availability may vary. This text may not be in its final form and may be updated or revised in the future. Please be aware that the authoritative record of NPR's programming is the audio.



Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.