It is very unlikely that you will be able to shelter property from bankruptcy by transferring it to members of your family. Any gifts or other transfers for inadequate consideration to anyone (family, friends, business associates etc) can be pursued and recovered by a Chapter 7 Trustee, up to a year before your filed for bankruptcy. If you have a creditor who would have the right to avoid a transfer, even partially, because of statutory or common law concerning fraudulent transfers, then the Chapter 7 trustee has the authority to avoid the entire transfer. Transferring money to family members, consequently, will not shelter it from bankruptcy, and is probably a legally problematic move.