Hello.
I'm separated from my ex, pending divorce once the one-year mark comes around. We share two children together.
I currently live in a different state from him, moved out of the family home as per his request, and secondly, I had no family or friends I could stay with. He agreed to this.
He had a family trust set up for work. I can't remember what I am in the family trust. I don't have the paperwork and if I ask the accountant, he will contact my ex to ask what is going on.
I want to be removed off the trust, but I don't know how that works. I also need to know if my ex used the trust to shave taxable income and claimed things he shouldn't have as well as didn't declare earnings as he's a tradie and gets audited. Will I be liable as well?
Secondly, I left the family home with my own personal assets like clothes, books, DVD, personal effects of pictures, etc, the kids toys and one of the 4 cars that are all in his name (he has signed one of the cars over to me). I believe he has or will put all his assets into the family trust, so I can't take half of the assets we accumulated over our years together. Do I stand a better chance to get my share of the assets if I remain on the trust?
I just have concerns that now he has to pay for child support. He is going to use the trust to its full potential in shaving income anywhere he can to pay minimal child support. He has some lovely, cunning friends who all do it now and had advised him how to do it in the past to pay child support for a child from a previous relationship.
He's never done it as the mother didn't pursue child support from him. My getting child support doesn't bother me greatly. It's the things he's going to do, some of which are not legal that I'm worried I will get in trouble for too as my name is on the trust?
I hope I made sense.
Thanks so much for your time
I'm separated from my ex, pending divorce once the one-year mark comes around. We share two children together.
I currently live in a different state from him, moved out of the family home as per his request, and secondly, I had no family or friends I could stay with. He agreed to this.
He had a family trust set up for work. I can't remember what I am in the family trust. I don't have the paperwork and if I ask the accountant, he will contact my ex to ask what is going on.
I want to be removed off the trust, but I don't know how that works. I also need to know if my ex used the trust to shave taxable income and claimed things he shouldn't have as well as didn't declare earnings as he's a tradie and gets audited. Will I be liable as well?
Secondly, I left the family home with my own personal assets like clothes, books, DVD, personal effects of pictures, etc, the kids toys and one of the 4 cars that are all in his name (he has signed one of the cars over to me). I believe he has or will put all his assets into the family trust, so I can't take half of the assets we accumulated over our years together. Do I stand a better chance to get my share of the assets if I remain on the trust?
I just have concerns that now he has to pay for child support. He is going to use the trust to its full potential in shaving income anywhere he can to pay minimal child support. He has some lovely, cunning friends who all do it now and had advised him how to do it in the past to pay child support for a child from a previous relationship.
He's never done it as the mother didn't pursue child support from him. My getting child support doesn't bother me greatly. It's the things he's going to do, some of which are not legal that I'm worried I will get in trouble for too as my name is on the trust?
I hope I made sense.
Thanks so much for your time
