I purchased my car with cash that I won in a lottery. How can I be sure it won’t be confiscated?
Lawyer Answers (1): Answers from lawyers are general preliminary responses. They are not formal legal advice and cannot taken account of all your circumstances. They do not create a lawyer–client relationship.
Answer by Andrea Stein, Brisbane 4000 QLD
- Under the proceeds of crime laws it is up to you to prove on the balance of probabilities that you acquired your assets through legitimate legal means.
- The court will assess the value of your assets including all assets you have under your effective control.
- This may include any asset you have gifted a family member or associate in the past 6 years.
- If you have proof that the funds came from a lottery win you will not have your car confiscated.