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Once I'm sued can I then convert my non-exempt assets into exempt assets?

It may then be too late. Many courts consider this a fraudulent transfer. You may attempt it, but it's not wise to rely on this one strategy alone if you already have a liability. Many states also have anti-conversion statutes that deny the exemption to certain exempt assets purchased after you have a liability.

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The Presser Law Firm, P.A. - Asset Protection Attorney
Located at 6199 N. Federal Highway Boca Raton, FL 33487. View Map
Phone: (561) 953-1050
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