- Joined
- May 31, 2024
Perhaps the parents want him to sell it to get him back on track financially?
Or perhaps Nick is selling it because the parents or trust will not be helping with his bills on it any longer?
As another possibility, maybe he wants to leave the state?
I'd bet it's either bankruptcy protection or civil suit protection.
It's likely his trust fund is protected from bankruptcy and civil lawsuits.
In bankruptcy he can retain his primary residence but not a second.
He's going to sell it and the cash will disappear. After he racks up a ton of legal debt and owes defamation money, he declares bankruptcy. Because of the trust fund, he may owe a monthly amount but it will be a pittance.