Divorce and Trust Assets: Support and Property Settlement Considerations
Tuesday, June 19, 1:00pm-2:30pm EDT.
Trusts present unique challenges when classifying and dividing marital assets in a divorce. Counsel must discover whether one of the parties to the marriage has an interest in a trust, the trust location, and the type of interest.
The value of the trust and history of distribution to one of the parties can be relevant in determining support and asset division. Counsel should identify the type of trust, methods for valuing the parties' interest, and ways to reach or protect the beneficiary’s assets from a family law perspective.
My fellow panelists and I will prepare family law practitioners with best practices to represent the interests of parties in discovering trusts and classifying a party’s interest in the trust as a marital asset. The panel will review valuation methods and ways to attack the trust or protect the beneficiary’s interest in the trust.
We will offer our perspectives and guidance on these and other critical questions:
• What type of trusts should family law practitioners be aware of and what are the best ways to discover the type of interest a party has in a trust?
• What methods can be used to value a party's interest in a trust?
• How can a party's interest in the trust be reached or protected for family law purposes?
After our presentations, we will engage in a live question and answer session with participants — so we can answer your questions about these important issues directly.
I hope you'll join us.
For more information or to register at half price or call 1-800-926-7926 ext. 10 for more information