Dividing Trust Accounts
If a family trust will be part of your marital property settlement in your pending divorce, make sure your attorney understands the laws relating to high net-worth property distribution. Since 2007, Stange Law Firm, PC, has been providing experienced, intelligent representation for people of high net worth going through a divorce.
There are many complex financial issues relating to family trusts in divorce, including:
- Transmutation of assets and characterization as separate or marital property
- Tax issues relating to the trust fund
- Inheritances
- Appreciation of value over the duration of the marriage
- Litigation of prenuptial agreements affecting the characterization of the trust fund
You can also read an article written by Kirk C. Stange for more information on this topic titled: An Overview: Trust Division and Divorce or Domestic Asset Protection Trusts versus Prenuptial Agreements: What is the best option?
Contact Our Diligent Trust Divorce Attorneys
Contact our property division lawyers online or by phone to schedule a confidential consultation at one of our convenient locations.