You need to spinoff the other human being. That means it's your child. A bit insensitive IMHO.
Not much more seriously how about selling your debts to a company you just create for the occasion ? Sounds much more "the Texan way" to me.
Not much more seriously how about selling your debts to a company you just create for the occasion ? Sounds much more "the Texan way" to me.
Other way around - give your child all your assets, then retain the liabilities and declare bankruptcy. Then hope your child is willing to support you long term, since you no longer have any assets. Also works with your wife.
Aha who's laughing now ?