Asked by Anonymous on 13-07-2021 10:14:13
Question posted in the Divorce Law category relating to Limpopo
Hi...im facing a divorce with my husband and i happen to find out he has created a trust account with his mother and sister and hide assests under his name
Answer to the Question
Posted by Att. Patrick on 14-07-2021 16:47:51
I see that you haven't made a payment for the question, but I'm going to assist you a little. If you want to ask a follow-up question, please make the required payment.
If he has moved his assets into a trust in order to hide them, then a court can un-do that and make an order in relation to the assets.
BUT, if he established the trust ages ago, and purchased the assets in the name of the trust, then a court won't want to deal with the assets (it can... if you can convince it to) because the assets belong to a separate entity. i.e. the trust.
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