Offshore assets in divorce settlements

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June 12, 2013

UK divorce ruling removes protection from some offshore assets

Rich husbands who transfer their wealth into offshore companies rather than keeping it in their own name will not be able to wriggle out of big divorce payments to their spouses after an important ruling from Britain’s highest court.

Marilyn Stowe, senior partner at Stowe Family Law, called the ruling a “victory for common sense”.

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