Can a Trust be included in a Divorce? |
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Due to popular demand we've been requested to cover the topic of "Can a Trust be included in a Divorce" as a result we have published a new webinar.
It is a myth that assets of a Discretionary Trust will be protected in the event that a Trustee or beneficiary separates from their spouse. In this presentation for Accountants we cover important questions such as: What is a Discretionary Trust? How does the Court divide property when parties separate – the 4 step process? When will a Trust be considered to be ‘property’? What powers do the Family Law Courts have when dealing with Trusts? What, if anything, can be done to remove a Trust from the Court’s reach? Disclaimer This video contains general comments only and should not be relied upon as specific legal advice. Readers should contact this Office for detailed information or advice on any topic in this video. Changes to the law occur regularly, no responsibility for any loss or damage caused to any person acting in reliance on this video and general information shall be accepted by this Office. No part of this video may be included in any document, circular or statement without our written approval. |