T.S. v. M.S.
Court found the original $20,000 advance (2001) was a loan secured by the original second mortgage but the three subsequent large advances characterized as bonuses (2006, 2006, 2007) were gifts; as a result J.P. holds the net proceeds of sale in excess of the $20,000 secured amount on trust for M.S. and T.S., those...
Source-derived case information.
- Citation
- 2011 BCSC 1715
- Parties
- Claimant: T.S.; Respondent: M.S.; Respondent: J.P.
- Court
- Supreme Court of British Columbia
- Jurisdiction
- Canada
- Judgment Date
- 14 December 2011
- Procedural Posture
- Family Law Divorce and Property Division / Reasons for Judgment
- Outcome
- Judgment for parties as set out in orders: divorce granted; declaration of beneficial interest in proceeds; reapportionment and payments to claimant; retroactive child support awarded; custody and parenting orders by consent; pension and CPP division ordered.
- Legal Topics
- Retroactive Child Support, Resulting Trust Vs Gift, Division of Family Assets, Reapportionment Under S.65 FRA, Section 7 Expenses (guidelines), Compensation Order S.66 FRA, Characterization of Advances and Mortgage
- Source Language
- english
Source-derived case record
Summary, issues, holding and outcome
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Parties
T.S.
Claimant
M.S.
Respondent
J.P.
Respondent
Procedural Posture
Family Law Divorce and Property Division / Reasons for Judgment
Legal Issues
- 1 Whether advances from J.P. were loans or gifts
- 2 Whether J.P. holds proceeds of sale in trust for M.S. and T.S.
- 3 Whether proceeds of sale are family assets divisible between spouses
Ratio Decidendi
Court found the original $20,000 advance (2001) was a loan secured by the original second mortgage but the three subsequent large advances characterized as bonuses (2006, 2006, 2007) were gifts; as a result J.P. holds the net proceeds of sale in excess of the $20,000 secured amount on trust for M.S. and T.S., those proceeds are a family asset, $65,000 of the proceeds is reapportioned 75% to M.S. and the balance is divided equally, resulting in a $81,826.68 award to T.S.; M.S. entitled to pension division; retroactive child support awarded from November 1, 2009 with total arrears including one-half s.7 expenses of $5,652.19.
Court Disposition
Judgment for parties as set out in orders: divorce granted; declaration of beneficial interest in proceeds; reapportionment and payments to claimant; retroactive child support awarded; custody and parenting orders by consent; pension and CPP division ordered.
Orders
- Divorce granted effective 30 days from date of Reasons
- By consent, joint custody and joint guardianship with primary residence to M.S.; parenting schedule set out by consent
Full Case Text
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