Brandon v. Brandon

Brandon v. Brandon

The court held the common shares transferred to the husband in early 2005 were a non‑matrimonial gift and not divisible under s.4(4) because the corporation's property was not used for the family's benefit and the husband derived no benefit from corporate property; depreciable assets are valued at separation (travel trailer fixed at $3,000; 2006 Hyundai Accent at $10,000; Suburban $1,500); RRSPs to be equalized by s.146(16) rollover and DND pension divided equally (Morash calculation); household contents to be inventoried and divided item‑by‑item before sale; matrimonial debts (car loan $19,746, Sears $1,751.49, Leon's $601) are matrimonial and debts and assets must be apportioned to...

Citation
2010 NSSC 394
Parties
Petitioner: Patricia Angela Brandon; Respondent: Gary Keith Brandon
Court
Supreme Court of Nova Scotia
Jurisdiction
Canada
Judgment Date
28 October 2010
Procedural Posture
Divorce and Matrimonial Property/support Proceeding (family Division) / Final Judgment (written Decision)
Outcome
Divorce granted; shares in the Ontario company held non‑matrimonial; property division and debt allocation ordered with specific valuations and accounting adjustments; retroactive child support claim dismissed; spousal support entitlement recognized with nominal award and disclosure obligations; costs reserved.
Legal Topics
Asset Classification, Valuation Date, Corporate Shares and S.4(4) Exclusion, Division of Debts, Retroactive Child Support Variation, Pension Division, Costs
Source Language
English

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Parties

Patricia Angela Brandon

Petitioner

Gary Keith Brandon

Respondent

Procedural Posture

Divorce and Matrimonial Property/support Proceeding (family Division) / Final Judgment (written Decision)

  1. 1 Whether common shares in an Ontario company gifted to husband are matrimonial assets under s.4(4) of the Matrimonial Property Act
  2. 2 Valuation dates and valuation of depreciating assets (travel trailer, automobile)
  3. 3 Division and classification of matrimonial debts, including credit line and repayment accounting

Ratio Decidendi

The court held the common shares transferred to the husband in early 2005 were a non‑matrimonial gift and not divisible under s.4(4) because the corporation's property was not used for the family's benefit and the husband derived no benefit from corporate property; depreciable assets are valued at separation (travel trailer fixed at $3,000; 2006 Hyundai Accent at $10,000; Suburban $1,500); RRSPs to be equalized by s.146(16) rollover and DND pension divided equally (Morash calculation); household contents to be inventoried and divided item‑by‑item before sale; matrimonial debts (car loan $19,746, Sears $1,751.49, Leon's $601) are matrimonial and debts and assets must be apportioned to...

Court Disposition

Divorce granted; shares in the Ontario company held non‑matrimonial; property division and debt allocation ordered with specific valuations and accounting adjustments; retroactive child support claim dismissed; spousal support entitlement recognized with nominal award and disclosure obligations; costs reserved.

Orders

  • Divorce granted to petitioner
  • Matrimonial home to be sold; parties to agree which items (if any) sell with house; household contents to be inventoried by both parties by end of November 2010 and divided by alternate selection prior to closing