本帖最后由 匿名 于 2021-3-27 15:26 编辑
Busting Family Trust.
"trustee 是我,受益人是我,俩孩子(俩孩子是我跟前夫的),父母,一共五个人"
Potential attack on your family trust will be the trust is a sham. Meaning to say, your trust gives the appearance of the creation of trust when in reality it is just you in another guise.
1) that is to say, there is just a paper document creating of trust, where there is no independent trustee, no separation of financial account between you and the trust, you can put money, withdraw money just like you owning everything with no accountability to beneficiaries.
In another word, your action and behaviour are just YOU and total disregard to trust document and Trustee Act.
Once your trust is your major defence, it will comes to scrutiny with all angles trying to bust it.
2) In a relationship property dispute, the contribution by another partner can be non-monetary.
Once trust is busted, the contribution can be in the form of emotional comfort, looking after the children, giving up a career etc. There will be a hundred and one reasons his lawyer can tell the court how this man has sacrificed for the family in the last 4 years and want to have a share on the property.
3) Note that the lawyer is willing to do it on a non-fee basis and share $320K from $1 million??
There will be a lot of this kind of people who will use this opportunity to suck blood when they see opportunities.
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