If Joe Paterno did know that his assistant coach was accused of child sex assault and then did little to stop the alleged predator, the former Penn State head coach is a prime target for civil lawsuits, legal experts say.
The only thing is – you can’t squeeze water from a stone, and Joe Paterno may not have any assets to take in a civil suit. He handed over his $594,000 house to his wife Sue Paterno for $1 in July.
This mysterious transaction four months before the Jerry Sandusky child-sex scandal broke was part of a “multiyear estate planning program,” Paterno’s lawyer
told the New York Times. But, a University of Pittsburgh law professor who specializes in elder law told the Times that there are no tax advantages in doing such a thing and he has “never heard” of a husband selling his house to his wife for $1.
“It sounds like an attempt to avoid personal liability in having assets in his wife’s name,” Lawrence A. Frolik
told the Times.