Following the bankruptcy of Val-Nam Generation Limited, the trustees scheduled a first meeting of creditors, in which the creditors had the opportunity to question the bankrupt and the trustee in bankruptcy about the events leading to bankruptcy, the assets, and the administration of the bankrupt's estate. The creditors learned Valery personally guaranteed a number of loans for Val-Nam. Before making the loan guarantees, Valery transferred her interest in the family home, her car, and a vacation property to her spouse. After the loans were guaranteed, and when the business was in trouble, she also transferred a share portfolio to her spouse.

Are any of these transfers permissible? Explain your answer