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The recent case of Stephens & Stephens and Ors [2007] FamCA 680 is once again an example of the court looking 'behind the veil' of an entity when determining the precise nature of the assets, liabilities and financial resources of the parties. This case is quite extraordinary in that the Orders made had quite an impact on the trusts of the children of the marriage, but despite this, dispositions to the children’s trust were reversed and the capital of those trusts brought to account.
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