Associate
A friend of mine's relationship with their partner may break down, and I have hard on the grape vine that their other half may put asset's i.e House in to a trust for their grown up off spring. My friend does not have children with the current partner, though the partner has a adult offspring.
I have done a little research this works well before you marry and one does not have to inform partner like a prenup for example.
Link
https://www.taylorvinters.com/article/discretionary-trusts-do-they-provide-effective-asset-protection-from-divorce-11
My question, is this legal and does it actually work, is there as redress or way to combat this situation ! ?
I have done a little research this works well before you marry and one does not have to inform partner like a prenup for example.
Link
https://www.taylorvinters.com/article/discretionary-trusts-do-they-provide-effective-asset-protection-from-divorce-11
My question, is this legal and does it actually work, is there as redress or way to combat this situation ! ?