29 October 2021
The costs of protecting trust assets in divorce
Partner and specialist trusts litigation lawyer, Jessica Henson, and Associate Rebecca Moseley from Payne Hicks Beach's top ranked Dispute Resolution department outline the ways in which trustees can seek to mitigate the potential costs of financial remedy proceedings in their recent article, published in ThoughtLeaders4 HNW Divorce magazine and reproduced with kind permission.
With trustees potentially facing aggrieved beneficiaries with no direct involvement in a divorce who feel that the value of the trust fund is being eroded, Jessica and Rebecca outline the options open to trustees in minimising costs in disputes, recapping the procedural rules and highlighting three key ways trustees can recoup costs or reduce cost exposure.
Click below to read Jessica and Rebecca's article in ThoughtLeaders4 HNW Divorce
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