CAN MY PARTNER/SPOUSE HIDE ASSETS IN HIS COMPANY?

   

The Family law team attended 30 Park Place Family Finance Spring Talk at the St David’s Hotel Cardiff Bay on Friday 3rd March 2017.

It was a very informative afternoon with the Barristers from 30 Park Place discussing topics covering The Partnership Act 1890 and Land; Piercing the corporate Veil- Can company assets be attacked directly: Instructing an Expert-The rules and more and Company Assets – Some imaginative Solutions that the court can order. A forensic Accountant also talked about The Common Pitfalls of instructing a forensic Accountant and how to avoid them. Whoever thought an accountant would be entertaining!!  The event explained how Solicitors can ensure that the husband/wife cannot hide substanital sums of money in their companies when going through a divorce.  It also covered how to deal with disputes over prize livestock, agricultural properties and other difficult assets to divide when there is a matrimonial dispute.

it is a complex issue, but very interesting, it is important that the spouse obtains a fair share of the matrimonial assets where ever they are hidden.  If you have a problem with a spouse hiding their assets, then it is important to speak to an expert.  Perhaps call me 'Lisa Evans' at Newbolds for advice and guidance.  This email address is being protected from spambots. You need JavaScript enabled to view it. and I am happy to share my thoughts on the subject.       

The Family Team at Newbold’s are committed to providing a high level of service to our clients and recognise the need to keep updated on complex issues so we can advise all client’s including those with a high net worth.

A glass of vino in the bar afterwards was an enjoyable way for the team to end another very busy week….