Call us Our customer care line is now open for extended hours : Mon - Fri 8:30am - 7pm, Sat - Sun 9am - 5pm

Judge orders children not be told of family’s wealth

Family Law | 27 Oct 2014 0

A judge in the High Court has ruled that five children are not to be told how wealthy their family is.

In V v T & Anor, Mr Justice Morgan imposed restrictions on what could be reported in relation to the trusts set up for the children. He did so to protect their best interests.

The judge said that the parents had “striven to create as normal a life as possible for the children” despite their wealth and that a “modest and low-key unostentatious lifestyle was a core value of the family”.

He added that the children learning about the money they stand to gain from the trusts may “deter the children from taking full advantage of the educational opportunities open to them”.

The judge speculated that such knowledge could “create a sense of entitlement” in the children which may deter them from “making their own way in life and contributing to society”.

Mr Justice Morgan backed up the wishes of the parents, who were concerned about the possibility of people befriending the children for the sole purpose of taking advantage of their wealth.

In addition to the reporting restrictions, the judge also anonymised the judgment. He concluded that it was “not necessary to go further” by making the hearing private.

To read the full judgment, click here.

The blog team at Stowe is a group of writers based across our family law offices who share their advice on the wellbeing and emotional aspects of divorce or separation from personal experience. Guest contributors also regularly contribute to share their knowledge.

Get in touch

    Request Free Call Back

    We remain open for business during the COVID-19 outbreak. Submit your details below, and we’ll arrange a free, no-obligation call back at a time to suit you. To ensure we are the right fit, we need to make you aware that we cannot offer Legal aid.

    Leave a Reply

    Subscribe
    Close

    Newsletter Sign Up

    For all the latest news from Stowe Family law
    please sign up for instant access today.



      Privacy Policy