1 Dec 2020
BEENEN v BEENEN [2020] NZHC 3163
- Citation
- [2020] NZHC 3163
- Court
- High Court
On the balance of probabilities the $80,000 advanced by Phyllis to Mark and Suzanne in May 2008 was a loan repayable to Phyllis's estate; accordingly the respondents' one-third share is to be adjusted to repay that loan (with credit for $8,000 already paid to Ian) and the Court ordered specific deductions and distributions from the sale proceeds, including a payment of $9,374.18 to the respondents as their share of net rental surplus.