4205. "Insolvency" Explained Instruction No 1 Request by Plaintiff Given as Proposed Refused Withdrawn Request by Defendant Given as Modified Requested by Given on Court's Motion Judge Instruction No 1 [[Name of debtor] was insolvent [at the time/as a result] of the transaction if, at fair valuations, the total amount of [his/her/its] debts was greater than the total amount of [his/her/its] assets.] In determining [name of debtor]'s assets, do not include property that has been [transferred, concealed, or removed with intent to hinder, delay, or defraud creditors/ [or] transferred [specify grounds for voidable transfer based on constructive fraud]]. [In determining [name of debtor]'s debts, do not include a debt to the extent it is secured by a valid lien on [his/her/its] property that is not included as an asset.] ________________________________________________________________________________ New June 2006; Revised June 2016