How has the court in B.C. dealt with the division of assets between the husband and wife in a divorce case?
British Columbia, Canada
The following excerpt is from Wang v. Poon, 2007 BCSC 194 (CanLII):
In Jensen v. Jensen, [1994] B.C.J. No. 2603 (S.C.), the court considered a short marriage of two and a half years in which the couple had lived on the husband’s income alone, with some small contribution by the wife to the redecorating and renovation of his properties. In reapportioning the asset 90/10 in the husband’s favour, Baker J. wrote at para. 47: In my view, the authorities establish that the division of assets, following the breakdown of a marriage of very short duration between two mature adults, should not result in a considerable financial windfall to one of the parties. Marriage is not a legal institution created for the redistribution of wealth.
"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
How has the court treated the issue of division and division of assets in a custody and maintenance case? (British Columbia, Canada)
How have courts dealt with the issue of equal division of assets under s.65(2) of the Family Law Act? (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)
How have the courts in B.C. dealt with division of assets in a long-term marriage? (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)
How have courts in BC dealt with unequal division of the family home under s. 65(1) of the Divorce Act? (British Columbia, Canada)
How has the court in BC dealt with the issue of division of the net value of the spouses' net assets? (British Columbia, Canada)
What is the case law in favour of the Court of Appeal in the case of the Supreme Court of Canada's most senior judge in the matter of personal injury? (British Columbia, Canada)
How has the court interpreted section 51(1) of the Divorce Divorce and Divorce Act, s. 51(2) and s. 65(1)? (British Columbia, Canada)
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)
