US EditionSupreme Court judgment in Standish brings welcome clarity - The Divorce Surgery
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Supreme Court judgment in Standish brings welcome clarity - The Divorce Surgery
The Standish Supreme Court judgment has clarified how courts view non-matrimonial and matrimonial property in divorce cases. The Supreme Court has dismissed the appeal of a wife who argued that nearly £80 million transferred from her husband for tax planning was a shared asset, subject to the ‘sharing principle’ during divorce. Background of the Standish case In 2017, Mr Standish transferred £77.8 million to Mrs Standish for tax planning. These …
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