Property into Trust for children to stop Ex Wife

[crazypabs]

Dear All,

I purchased a property a couple of years ago in England through my business which is a limited company. The sole aim of this property was to give to the children a step on the housing ladder on their turning 25. Their ages are 12, 10, 7 and 3.

Problem now is mty wife and I are getting divorced and my Ex wants the property to be sold so she can have all the money. I dont want to hide anything from her or the legal system but i just want to protect what i intended to be for the children for the children. Please advise, if I put the property into trust for the children is it then deemed to be protected from her?

Regards,

Matt

[Lee Young]

Anything you do now to shield assets will be a waste of time as the court would simply order it to be reversed.

[crazypabs]

I was afraid of that.

Thankyou.