Divorce and Trusts Solicitors

A trust is set up by a settlor and looked after and administered by trustees on behalf of the beneficiaries. It has a separate legal identity. A key feature of a trust is that neither the husband or wife, owns the assets of the trust in the way that they legally own their house, car or savings.

How trust funds are dealt with in divorce depends on the circumstances of the trust and the case. The Court has a wide discretion when deciding what should be considered and in a range of circumstances, the power to vary or rewrite the trust agreement.

Trusts can add a level of complexity to divorce negotiations or court proceedings but sometimes they can be the source of a solution that enables both parties to move on with their lives.

There are many different types of trusts and they will each be treated differently so you will need a family trust solicitor to help advise upon the terms and affect insofar as any relationship breakdown is concerned.

Justin Law Solicitors has extensive experience in dealing with:

We appreciate that separations can be distressing. Our family law team are both experienced and sensitive and will explain your options and their consequences clearly and carefully. We can also meet you outside normal business hours.

Trusts can be extremely complex with large amounts of money at stake so legal advice at an early stage is very important.

We have experience in cases involving trusts as part of the financial proceedings in the UK and offshore and have helped to protect beneficiaries of a trust or those seeking to include a trust in a financial award.

We advise trustees who are brought into divorce matters how to engage with the English courts because they may wish to co-operate but not subject themselves to the authority of the courts.

Justin Law Solicitors provide quality advice at an affordable rate enabling a broad range of clients to manage the financial negotiations effectively.