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Trusts on divorce

Should we consider trusts as part of the finances on divorce?

Sometimes, particularly if you or your spouse come from a wealthy family, you may find that there are trust interests that need to be looked at. There are different types of trusts and how they are treated on divorce can vary quite significantly from one to the other.

A trust may have been set up primarily as a way of passing assets down from generation to generation. Frequently, it will have been created to save tax.

If you or your partner has a beneficial interest in a trust, it is a resource that might be available to you and it has to be disclosed. This applies even if at the end of the day you may be successful in arguing that it should be treated differently to other assets in the divorce.

MaximizeWhat should I consider first?

MaximizeWhat orders can a court make about trusts on divorce?

MaximizeWhat orders can a court make about “nuptial” trusts on divorce?

MaximizeWhat makes a trust “nuptial”?

MaximizeWhat do I do next?