V.B. v. M.B.

V.B. v. M.B.

The court found the date of separation was October 23, 2013; ordered joint guardianship and joint custody with incremental implementation of shared parenting for A.B. and K.B., appointed a parenting coordinator with specified scope; ordered Legacy Options divided equally as of the resumption of the hearing (trust mechanism for in-specie division because options not directly transferable); excluded October 2016 new options from family property; set child support on Guidelines using 2016 incomes and s.7 expense sharing; awarded lump sum spousal support of $38,229 (low end) to achieve clean break; ordered RRSP add-back and a $112,972 tax-free rollover to M.B., division of net sale proceeds...

Citation
2017 BCSC 1761
Parties
Claimant: V.B.; Respondent: M.B.
Court
Supreme Court of British Columbia
Jurisdiction
Canada
Judgment Date
2 October 2017
Procedural Posture
Family Law Divorce and Related Relief / Final Judgment (reasons for Judgment)
Outcome
Judgment for family law relief: divorce granted; parenting and property orders as set out below; monetary remedies and costs reserved for scheduling.
Legal Topics
Date of Separation, Parenting Coordinator, Stock Options, Section 211 Report, S.7 Expenses, Asset Restraining Order Breach
Source Language
English
Family Law Divorce Child Custody Property Division Spousal Support Child Support Date of Separation Parenting Coordinator +4 more

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Parties

V.B.

Claimant

M.B.

Respondent

Procedural Posture

Family Law Divorce and Related Relief / Final Judgment (reasons for Judgment)

Legal Issues

  1. 1 Date of separation
  2. 2 Parenting arrangements, custody and decision-making and appointment of parenting coordinator
  3. 3 Division and valuation date for stock options

Ratio Decidendi

The court found the date of separation was October 23, 2013; ordered joint guardianship and joint custody with incremental implementation of shared parenting for A.B. and K.B., appointed a parenting coordinator with specified scope; ordered Legacy Options divided equally as of the resumption of the hearing (trust mechanism for in-specie division because options not directly transferable); excluded October 2016 new options from family property; set child support on Guidelines using 2016 incomes and s.7 expense sharing; awarded lump sum spousal support of $38,229 (low end) to achieve clean break; ordered RRSP add-back and a $112,972 tax-free rollover to M.B., division of net sale proceeds...

Court Disposition

Judgment for family law relief: divorce granted; parenting and property orders as set out below; monetary remedies and costs reserved for scheduling.

Orders

  • Divorce granted effective 31 days from date of reasons (October 2, 2017).
  • Date of separation determined to be October 23, 2013.