The Ex-Wives' Club

There is a considerable amount of wealth which is dealt with by the top law firms in London dealing with divorces of non UK domiciled clients, many of whom may already have exposure to offshore trust structures which invariably are the subject of attack during the divorce process. Increasingly, the ex-wife, whose financial affairs have largely been the responsibility of her former husband, suddenly finds herself at the conclusion of her court hearing or divorce settlement, with a portfolio of assets and cash for which she needs advice in relation to continued investment. She will, undoubtedly, need professional advisers and, wisely, may wish to start with a clean sheet and avoid relying on those who advise or have advised her former husband. She may need tax planning advice, asset protection or succession planning and, due to her status as a non domiciled UK resident, an offshore trust structure provided by sensitive and caring individuals as her trustees may meet her requirements perfectly. Basel can create a new trust structure or act as a new trustee for an existing trust of which the ex-wife remains the sole beneficiary following divorce and provide all related services in a supportive and proactive way.

Basel’s directors and senior administrators have a wealth of experience in dealing with settlors and beneficiaries at all levels and have a large number of high net worth individuals who enjoy the one to one attention provided by the Basel team. Plain English, untainted by technical jargon, is the first language at Basel which makes Basel (whether in Geneva, Jersey or the British Virgin Islands) an ideal choice for a lady who needs a helping hand with ongoing financial management and planning.