a bankruptcy trustee
would believe the property transferred to your son was yours, and possibly sell the home to pay your creditors. Also, any amount of money over your state exemption will also be taken.
THE FOLLOWING ARE LA, EXEMPTIONS, WHICH IS WHAT YOU CAN KEEP.homestead
20:1 - Property you occupy up to $25,000, but cannot exceed 5 acres if the residence in a municipality, or 200 acres if not located in a municipality. As to obligations arising directly as a result of a catastrophic or terminal illness or injury, exemption is the full value of the based on value one year before seizure. Spouse or child of deceased owner, or spouse obtaining home in divorce may also claim the exemption.
8:313 - Cemetery plot and monuments.
9:2004 - Spendthrift trusts.
13:3881 - Living room, dining room, and bedroom furniture; clothing; chinaware, glassware, utensils, and silverware (but not sterling); refrigerator, freezer, stove, washer and dryer; bedding and linens; family portraits; musical instruments; heating and cooling equipment; pressing irons and sewing machine; arms and military accoutrements; poultry, household pets and 1 cow; engagement and wedding rings up to $5,000; disaster relief insurance proceeds; motor vehicle up to $7,500.
13:3881 - The greater of the following: 30 times the federal minimum hourly wage per week or minimum 75% of disposable weekly earnings. Judge may approve more for low income debtor.