In this matrimonial action, the husband argues that trusts created early in the parties' marriage for the benefit of their children, are, as a matter of law, non-marital assets, given that neither party is a beneficiary. Although plaintiff wife was previously a discretionary beneficiary of the larger of the trusts as husband's "wife," she relinquished beneficiary status upon divorce commencement per the terms of the trust. Husband's motion not only seeks to protect the trusts...
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