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The Olympic Games: Swift justice through the CAS Ad Hoc Division
Tim Lowles
When a party sits down to prepare their financial disclosure on divorce, thoughts can turn to the valuable or sentimental items which may have been gifted between spouses or received from family members during the marriage. The idea of having to share or relinquish such items to a soon-to-be-ex-spouse can leave some people clutching their pearls (quite literally), but is this ever actually required in financial proceedings on divorce?
Assets are typically placed in a trust for legitimate purposes, such as safeguarding wealth for future generations. However, arguments that a trust is in fact a “sham” created to hide the true ownership of assets often arise in the context of divorce litigation, bankruptcy/insolvency where a creditor seeks to argue that a trust is a pretence seeking to shield assets from creditors, or in estate disputes, where beneficiaries look to bring assets of the deceased back into an estate.
It is National Fertility Awareness Week and, this year, the campaign is “Every Voice, Every Journey”.
Francophone couples living in England or those who own assets here may be surprised at the differences between a standard English prenuptial agreement and the ‘contrats de mariage’ which are so common across continental Europe.
Family relationships involving international couples can be complex and the need for cross-border planning and an understanding of other jurisdictions is critical for family lawyers working in London. Claire Wood helps clients to understand some of the differences in approach across the channel.
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