Hello
1. I disagree re dissipated asset, I believe there is a 3yr look back, and IRS would include the value of the truck minus exemption or $6,500 approx
2. The one thing I am not sure about is if you transfer the truck out of TP name, and IRS claims dissipated asset, would they allow the $3450 exemption if truck not in TP name.
Marvin
