Holding all your assets in a close relative's name. Pros and Cons.

[Stardom22]

In my country that is a criminal offense for that matter. One is subjected to being sued against that

 

[cherry123]

it's can't be more than my children name. No other person can be trusted. people are not just it for now

 

[Clandestine]

It is not safe to try holding your assets in a close relatives name unless you can afford to lose that asset to that relative.

 

[Hate2Wait]

I know many do that and they only do this in blood relation so its ok but if you don't have good relationship with them then you need to be careful