Trusts are considered the separate property of the beneficiary spouse. The custodial trust service provided by UTGL can act as a firewall of property. According to Section 89 of Chapter 29 of the Trustee Ordinance, the trust assets are a separate fund that is not part of the Trust Company's property. Furthermore, the legal title of trust assets is the trustee, therefore, the wife cannot obtain the trust assets details.
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Written by Support
Updated over a week ago