Abstract

The problem that arises is whether the literal meaning of the law that provides that trust assets and interests are to be held as property separate from matrimonial property should be upheld or should the court, as the custodian of the law, in a bid to meet the ends of justice, interpret the law in a manner that defines what a legal and true trust is, so as to limit the existence of sham trusts that are created for the sole purpose of avoiding property from being classified as matrimonial property for the purposes of settling divorce litigations.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.