n Personal Finance Newsletter - What happens to a trust when you get divorced? : trusts
|Article Title||What happens to a trust when you get divorced? : trusts|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Personal Finance Newsletter|
|Publication Date||Sep 2012|
|Pages||4 - 6|
Where a trust becomes (or may become) embroiled in a divorce or separation, delicate issues can arise not only for the divorcing spouses or civil partners, but also for trustees. Trustees are likely to need specialist independent advice at the earliest stage, and divorcing or separating spouses will require guidance on how trust assets should be treated. Taxation, structuring, reputational, and enforcement issues may also have to be addressed.
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