Joe Paterno Conveys Home to Wife For $1, "Love and Affection"
For topical reasons, I have had no reason to post about the
despicable Penn St. child abuse scandal on this blog. Until now - when I
came across an interesting New York Times article on Joe Paterno's
recent real estate activity. The Times reports that
this summer "Joe Pa." transferred title to his State College home to
his wife for $1 and "love and affection." Some say the transfer was
intended to avoid the inevitable fallout from the Penn St. child abuse
scandal and legal action brought by victims of the scandal. Joe
Paterno's attorney, however, says that this transfer was part of the
Paternos' long standing estate plan.