How is the court divided assets in a long-term marriage where the husband and wife worked together?
British Columbia, Canada
The following excerpt is from Chilton v Chilton, 2001 BCSC 1004 (CanLII):
Duncan v. Duncan (1984), 1984 CanLII 352 (BC CA), 42 R.F.L. (2d) 66 (B.C.C.A.). This involved a four year marriage where both parties worked and shared the household expenses equally. They acquired a home and a vehicle but substantially with funds inherited by the husband. The court divided the assets on an 80%/20% basis in favour of the husband.
"The most advanced legal research software ever built."
The above passage should not be considered legal advice. Reliable answers to complex legal questions require comprehensive research memos. To learn more visit www.alexi.com.
Other Questions
If a husband and wife have equalized their assets, is it necessary to divide the assets equalized so that the husband can continue to receive child and spousal support? (British Columbia, Canada)
What factors will the court consider when determining the division of assets between the parties in a long-term marriage where there was a long term marriage? (British Columbia, Canada)
Is a husband's contribution to a business considered a family asset in determining if the business asset is a business asset? (British Columbia, Canada)
When a spouse's assets are not family assets, is one of the spouses entitled to an equal division of assets? (British Columbia, Canada)
What is the test for dividing the assets of a husband and wife who have been married for 30 years? (British Columbia, Canada)
How have the courts in B.C. dealt with division of assets in a long-term marriage? (British Columbia, Canada)
How has the court disposed of the theory that each of the spouses must earn an interest in the assets of the other over the course of the marriage? (British Columbia, Canada)
Is a husband's dental practice divided equally after 12 years of marriage? (British Columbia, Canada)
In what circumstances will a husband and wife have to divide the assets of their jointly owned home? (British Columbia, Canada)
In what circumstances will a trial court order permanent spousal support for the payor husband, even if the husband’s income is uncertain? (British Columbia, Canada)
