Ep. 20 - Dealing with trusts on divorce

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.

You can listen to the episode on:

• Apple Podcasts
• Spotify