A recent article showcased a raging, high-profile Houston divorce involving an 80-year-old multi-billionaire (who co-founded the high-frequency trading firm Quantlab Financial) and his 66-year-old Wife of 31 years. Husband left Wife for his 20-something Russian mistress. He is accused of having funn...
James Kane with Kane Law, LLC recently wrote an article for Leimberg Information Services regarding a case we tried in which the husband transferred $3.2 million of marital assets into two irrevocable trusts without his wife’s knowledge or consent. Click HERE to view his blog post and newsletter...
The Supreme Court of Georgia partially overturned a judgment of the trial court omitting from the marital estate, on equitable division, $3.2 million of marital assets transferred by husband into irrevocable trusts during the marriage. The Court found that $1.3 million of those assets should not hav...
Trusts are established for estate planning and asset protection. In several recent cases counsel has handled, however, they appear to have been used primarily as vehicles to shelter marital assets from equitable division in divorce.
In a recent trial, a Husband placed $3.3 million of marital asset...