There are many factors to consider when divorce proceedings are undertaken by a couple living across several jurisdictions. Where to divorce, spread of assets and tax legislation are a good place to start
There are increasing numbers of high net worth, international families that have the advantage of owning assets held in various jurisdictions which - while the family remains united - promote a comfortable and accessible standard of living. Often, international families, will hold properties in the name(s) of offshore companies where one would not necessarily want to have a holiday home. Amazingly, in the context of litigation from a divorce, knowledge is often denied of well-used holiday homes, as husbands (traditionally the high earners) seek to diminish their asset base. The spread of...
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