Parental Monies to Children: Loan or Gift?

Parental Monies to Children: Loan or Gift?

Weinhaupt v Paracy 2017 BCSC 1662 deals with an increasing phenomena- the advancement of funds by parents to children in order to assist in the financing of the purchase of a home, and whether the advancement of funds was a gift or a loan when… Read more

Evidence of Donor's Intention After Gratuitous Transfer Admissable

Evidence of Donor’s Intention After Gratuitous Transfer Evidence of Donor’s Intention After Gratuitous Transfer Admissible

Evidence of a donor’s intention after a gratuitous transfer as to whether a gift or a trust was intended  may be admissable if relevant as per  Wong v Chong 2016 BCSC 953 Evidence Subsequent to the Transfer [56] The traditional rule is that evidence adduced… Read more