Effects of Family Trusts During Divorce in New Jersey
Posted in: Divorce Family Law

The Affect of Divorce on a Family Trust in New Jersey

October 9, 2022

Examining the Particular Terms of the Trust Should be the First Step on Your To-Do List when Divorce is Looming A trust exists when a property and asset holder, known as the Grantor, transfers the benefits for management by a third party, known as the Trustee.  Sometimes, the Grantor and the Trustee are the same people.  Those who receive the benefits of the trust are called beneficiaries.  Trusts are a way to manage estate and inheritance taxes and protect the […]

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