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One of my parents transferred assets to me - now they are divorcing and the other wants to set aside the transaction.

Under section 37 of the Matrimonial Causes Act, a transfer of property can be set aside if the court is satisfied that it was done to frustrate a matrimonial claim. If you have received property from a parent, it is possible that, on divorce, the other parent or step-parent might try to set it aside.

You are likely to be joined to proceedings and will want to assert that the transfer was legitimate and not an attempt to get around the law on divorce.

Our expertise in family law means that Vardags can help with this, focusing on setting out the history and context of the transaction to ensure that your property is protected.

If you are wrongly joined to proceedings, it may be possible to recover your costs.

If you require legal support to secure your family assets, click below for a free initial consultation with one of our expert divorce solicitors.

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