M K v S K
The court found H had not been truthful and had access to undisclosed assets via the A Trust, B Trust, or other structures. The A Trust is a resource available to H, and the trustees would act on his direction. Given incomplete evidence on the Group's value and H's non-disclosure, the court resolved the case by reference to W's needs, awarding her the house, payment of debts, and a capitalised lump sum for income needs.
Source excerpt
- Financial remedies
- Non-disclosure
- Trusts
- Needs principle
- Clean break
- Matrimonial causes act 1973