Annis v. Bonar

Citations

• 86 Ill. 128

Syllabus

<p>1. Fraudulent conveyance — conveyance for support of grantor and family. A debtor can not, as against Ms creditors, transfer all Ms property to another to secure Ms future support and that of his wife and son, and such a conveyance is fraudulent in law as to creditors, although it may be good and valid as between the parties thereto. *</p> <p>2. The law allows no man, beyond the specific exemptions of the statute, by any form of contract or mode of disposing of property whatever to secure the use of the same to himself to the exclusion of his creditors.</p> <p>3. The mere fact, however, that a party is indebted does not operate to deny him the right of securing a future support for himself and family, or for a stranger, by transferring property therefor, provided he retains other property sufficient to pay his debts.</p>