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Tag: General, Family and Matrimonial, Private Client Tax and Trusts

Generosity of Wife’s Family Trusts Taken Into Account in Big-Money Divorce

Generosity of Wife’s Family Trusts Taken Into Account in Big-Money Divorce

One of the most controversial aspects of divorce is the extent to which pre-existing family wealth should be taken into account when dividing assets. A case on point concerned a couple whose comfortable lifestyle was throughout their 22-year marriage underpinned by the wife’s family trusts.

High Court Tears Up Unfair Pre-Nuptial Agreement in Big Money Divorce

High Court Tears Up Unfair Pre-Nuptial Agreement in Big Money Divorce

Pre-nuptial agreements are a useful and entirely legitimate means of dealing with situations where one prospective spouse is much richer than the other, whether as a result of inherited wealth or otherwise. However, as a High Court case showed, if such agreements lead to unfair

Landed Couple’s Divorce Leaves Their Son with Burning Grievance

Landed Couple’s Divorce Leaves Their Son with Burning Grievance

One of the reasons why divorcing couples should always seek professional advice is that children also feel the consequences of marital breakdown. That was certainly so in one case in which a former couple’s decision to split a 3,000-acre family estate between them left their