Sunday, February 5, 2012

Rational Economic Man, DUI, and Desacralizing Adoption

Apparently this very rich man decided to adopt his girlfriend to shield a large amount of assets from a potential civil judgment in the aftermath of DUI charges against him.  Both of his kids are minors, and apparently his trust for his children could still be hit by a future judgment against him, but with the adoption of another daughter who is not a minor, the trust becomes immune to such judgments.  Enter the girlfriend and the strategic adoption.  Rational Economic Man never disappoints in his ability to desacralize institutions and game systems.

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