After the emotional upheaval that comes with the breakdown of a relationship, entering into negotiations for a property settlement with your estranged spouse, can be daunting and overwhelming.
To ensure a complete and final severance of the relationship, there is often more involved than simply a division of the assets and liabilities. Before you embark on negotiations, and certainly before the first meeting with your lawyer, you should consider the following.
- Silent Directors – if you are a director of a company that is entirely run by your spouse, without your involvement or input, seek advice on this arrangement.
- Trusts – do you, or your spouse, have an interest in, or are a beneficiary of, a trust? This is relevant and requires advice.
