New Zealand $28 Million Divorce Case to Change Trusts

by Admin on September 4, 2015

A divorce case in New Zealand is likely to change the way trusts are constructed, reports the New Zealand Herald.

Melanie Clayton claims she has rights to half of former partner Mark Claytons fortune. Mark has considerable saw-milling interests as well as other assets caught up in a number of companies and trusts.

He argues that the trust assets are not relationship property, and that Melanie is only entitled to the family home and $30,000.

Her valuer says that if her view is upheld, she could be due half the assets at an estimated value of over $28 million.

Divorce attorneys in Thailand Chaninat and Leeds are experts in handling divorce cases successfully on behalf of their clients, be they Thai nationals or foreigners in Thailand.

The couple separated 10 years ago, following a 17 year marriage. They have already been through the Family Court, High Court and Court of appeal.

The Wellington based case will develop this week.

See the full story here.

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