If you or your spouse have a beneficial interest in a trust, this needs to be disclosed during your divorce proceedings even though you are not technically the owner of the trust assets.
Trusts are common ways to ensure money and property is passed down through families in the most tax efficient way possible, particularly in wealthy families. There are many different kinds of trusts and the way they are treated during divorce proceedings differs depending on the type.
At Crisp & Co, we believe in helping people resolve family issues as cooperatively and painlessly as possible. Understandably, divorce tends to invoke a lot of emotion in spouses, especially where significant or complex assets are involved. We will utilise years of experience to try and find a practical, straightforward and financially beneficial solution for you. Wherever possible, we can help you access methods of Alternative Dispute Resolution (ADR) and our team includes qualified mediators and collaborative lawyers.
As a family law firm, we are specialists in our field and are only dedicated to achieving positive results for family law clients. We have particular expertise in matters involving High Net Worth Individuals and LGBTQIA families.