Family trusts are established for a wide variety of reasons. They can be part of a wider family strategy of wealth protection for the tax-efficient transfer of assets between generations, set up to hold property assets or be part of the overall structure of a family business or investment company. But what happens when a couple separates and trusts are involved?
In this episode, Tim and Jen are joined by Mills & Reeve Partner, Frances Bailey. Frances specialises in financial settlement on divorce with a particular interest in trust structures.
Together they discuss trusts: how they can come up in a divorce, the types of trust structures, the role of trustees in divorce cases, the court’s approach and the benefits of non-court dispute resolution.
Find out more about trusts and divorce and how we can help on our website: https://www.mills-reeve.com/sectors-and-services/services-for-individuals/family-and-children/divorce-and-separation/divorce-and-family-trusts/
You can also learn more about Frances and her work: https://www.mills-reeve.com/people/frances-bailey/
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