
Millionaire's $80M divorce hack just changed UK wealth protection rules forever
Key Points
- Clive Standish's £80 million transfer to his wife to avoid a...
When Clive Standish moved £80 million to his wife Anna in 2017, he wasn't being romantic - he was dodging a £32 million inheritance tax bill. Fast forward to their divorce, and this strategic shuffle just rewrote the playbook for how UK courts handle wealthy couples' breakups.
The Supreme Court's unanimous ruling this week declared those transferred assets as "non-matrimonial property," meaning Anna couldn't claim half of money that was essentially moved around like chess pieces on a tax board. Think of it as the legal equivalent of "I was holding that for a friend" - except the friend was th...
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