Tag: spousal maintenance

In divorce proceedings, marital assets are frequently one of the most contested issues where spouses will respectively seek to lay their claim over these assets. It is not uncommon, especially in high net worth divorces, that a party will attempt to hide/dispose assets in order to defeat or reduce the value of the other party’s claim to it. This typically involves transferring assets to a third party such as a family member, channelling assets into a trust, or transferring monies to an offshore bank account.

In our previous article, we discussed about the enforcement of a Court Order obtained after the divorce proceedings. One of the terms that often included in the Court Order is spousal and/or children maintenance.