MATRIMONIAL: Family trusts are not a soft target for litigants, says judge

Family law experts discuss the judgment in Daga v Bangur handed down at the end of last year, of great interest to trustees who are caught up in financial proceedings on a divorce. Holman J dismissed the husband's claims on assets of GBP17.5 million in two discretionary trust funds, of which the wife was the settlor and a beneficiary, noting that the trustees were highly unlikely to make funds available to benefit the husband even if ordered to do so.

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