Trust Issues for Separating Elderly Spouses of Partners
This paper addresses how the Property (Relationships) Act 1976 (PRA) may affect elderly people, particularly where the parties have assets from a prior relationship. The author considers what happens to their property if their relationship ends on separation or death. The author also makes brief reference to trusts holding assets that, but for the trust, would have been relationship property and subject to division under the PRA.
Editor: Diesfeld, Kate; McIntosh, Ian
Publisher: Thomson Reuters
Research Type: Chapter in Book