South Africa

Courts not sold on men’s schemes to stash cash away from wives

Using “trusts” and other financial shenanigans to avoid payouts to spouses in accrual claims in divorce proceedings have been condemned in two recent judgments.

The clients intending to purchase properties paid money into the attorney's trust account. However the suspect failed to pay the sellers and did not refund the clients. Stock photo.
The clients intending to purchase properties paid money into the attorney's trust account. However the suspect failed to pay the sellers and did not refund the clients. Stock photo. (123RF)

Using “trusts” and other financial shenanigans to avoid payouts to spouses in accrual claims in divorce proceedings have been condemned in two recent judgments.

These highlight the “vulnerability” of women who are “emotionally and financially” battered by their estranged spouses.

 

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