Legal Strategies Against Asset Hiding in Trusts?
When a spouse uses a trust to conceal assets during divorce proceedings, is there a way to challenge this? At Burger Huyser Attorneys, we confirm that courts hold the authority to “pierce the trust veil” in such instances. This means that if a trust is identified as a sham or merely an alter ego for one spouse, the law allows for these assets to be treated as part of that individual’s estate.
However, this legal avenue is navigated with caution, requiring substantial evidence of trust misuse. The process involves proving that the trust was specifically established or used to sidestep equitable asset division, making the burden of proof significant.
For those facing the daunting task of disputing trust assets’ exclusion from marital property calculations, Burger Huyser Attorneys offers expert legal counsel. Our team is adept at navigating the complexities of trust law, ensuring that all assets are fairly considered in divorce settlements.
If you’re confronting the challenge of a spouse hiding assets within a trust, reach out to us. We provide the strategic advice and representation needed to ensure a fair and just consideration of all marital assets.
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