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Offshore Trusts and Divorce

Offshore trusts are designed to be hard to examine. That does not stop English Courts doing so.

The typical offshore arrangement nominates a trustee, often managed by a corporate trustee based say in the Channel Islands, or Isle of Man, or Gibraltar. Because the concept of a trust is unique to English and Scottish law and countries that derive their law from England and Scotland, they are not usually based in countries such as Liechtenstein or Andorra. However there other entities may be used e.g. an Anstalt.

Then assets are put into the trust to shelter the income and capital gain from domestic taxes, and potentially, from claims by disaffected spouses. Often the trust can serve a dual purpose.

Often, the true beneficial owner of the assets is hidden by this device. In fact for taxation reasons often the point of the trust is to separate control of the assets from the people who are ultimately meant to benefit.

English law has long experience of examining the reality behind the trust and corporate veil. This does not mean that it rides roughshod over genuine arrangements. It does however often arrive at a pragmatic assessment of an individual’s wealth even when it is offshore.

Henry Brookman has extensive experience in this field, on both sides of the argument. His experience in complex estate planning means he has up to date knowledge of the variety of such situations.

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Yesima Hamid 04/09/2020

I want to highly commend Brookman Solicitors firm. I had the privilege of getting very thorough and sensible advice from their solicitor Jennifer Douglas. I don't have enough praise for her. She made me feel at ease and 'got me' and understood very well all the issues and her advice was on point. I felt she had my interest at heart in all the different matters. She was very accommodating and willing. She truly made a difference. She has great insight and I truly recommend her and the firm. They are very professional with the human touch.

Roohie Mahajan 16/08/2020

I am so happy that I hired their services. I am from India and it was my international divorce case. My ex husband is in the UK. I had a free telephone conversation with Henry Brookman and I was so satisfied that without even meeting him I was so confident. My case was handled in the best way possible.

He is probably the one of the best lawyers in the world. He is extremely competent, professional, intelligent and empathetic. The only lawyer who genuinely work to help you rather than making money. He is a very experienced lawyer and he saved me so much money. He is so calm and kind towards his approach. He is the most genuine person I have come across.

I just came to London once to attend my hearing. My husband and his solicitors made it so complicated. My ex husband has to spend double the amount of legal fees than me. This is the difference between hiring a good experienced lawyer. Their fees might be expensive but good lawyer will make you save money at the end. Finally at the end I won the case and my husband has to pay all my legal fees without me travelling to the UK. I will always be eternally grateful to Henry Brookman and Brookman Solicitors. I am falling short of words to praise them.

I highly recommend their services. Keep up the good work.

Jen Ade 23/07/2020

I had an initial consultation and Henry was well prepared. He gave great advice and followed through quite quickly. He was very helpful.

Chris Mullins 15/07/2020

Henry and team were most professional, considerate and efficient when handling the financial proceedings owing to my overseas divorce. I recommend their services highly. International circumstance was at first to me most daunting and confusing, given each country had its' own unique approach. Thankfully Henry was knowledgeable of the law on either side of the seas and able therefore to provide best guidance and reasoning to me which enabled favourable settlement!

Wim Jansen 24/06/2020

I contacted Brookman to ask for information regarding the validity of an international divorce court ruling. They were very quick in providing me with the right information. When I had another question a few months later around children matters I phoned them again and after taking some background information and contact details they booked me in for a free telephone consultation with 1 of their partners Talitha Brookman. She spent half an hour of her time explaining to me what I could expect and provided legal advice. All was free of charge. I would not hesitate to contact them again should any matter become more formal and have to go through court. The service has been quick, professional and very friendly.