Our team understand that such structures are generally set up for legitimate tax mitigation reasons, but some trusts and corporate entities are set up and in fact designed to frustrate claims on divorce, thereby disadvantaging the financially weaker party.
Trust assets can be attacked or taken into account on divorce and the court can transfer assets owned by a spouse or which are found to be a resource of the spouse, even if the asset is held by a company or other person. Our team of experts provide bespoke advice dependent on the facts of each case and give comprehensive and realistic advice in this complex area.