re: #377 Lidane

Paterno Passes on Home to His Wife for $1

According to documents filed with the county, the house’s fair-market value was listed at $594,484.40. Wick Sollers, a lawyer for Paterno, said in an e-mail that the Paternos had been engaged in a “multiyear estate planning program,” and the transfer “was simply one element of that plan.” He said it had nothing to do with the scandal.

Yeah, how convenient that such a “sale” means that it won’t count as an asset of his when the inevitable civil suits appears on his doorstep.