Advertisements

The Gores Transfer All Their Real Estate Into LLP, Grobal Warning

WHY did AL & TIPPER GORE buy $8.8 mill California mansion just prior to publicly announcing their divorce?   And WHAT is the real-estate sleight-of-hand they pulled in  Tennessee that experts find “puzzling”?!

A month after scoring their new palatial Montecito estate, Al and Tipper transferred nine properties the wealthy Gores own in Carthage, Tennessee from their own names into a limited liability company (LLP) –  a corporate partnership which, legally, is a separate entity.

According to legal docs filed in Tennessee, the transfer of ownership occurred after the accuser in the AL GORE SEX SCANDAL filed a 2009 police complaint accusing the ex-VICE of sexual misconduct.

A real estate  transfer of ownership protects the valuable assets in potential legal claims.

A limited liability partnership, like a corporation, is a completely separate entity and can not be liable as an asset if someone files personal lawsuits against either Gore.

The Gores also bought the new California mansion under the auspices of a trust which, experts say, can also be shielded from potential legal attack.

Not so puzzling …..from global warming to Tipper exit stage left to solar powered hot seat….John Edwards moves from under the bus.. 


Advertisements

Tags: ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s


%d bloggers like this: