What is the test for determining whether a contingent asset is a family asset?
British Columbia, Canada
The following excerpt is from Dawson v. Dawson, 2012 BCCA 410 (CanLII):
As to the inheritance, the trial judge, citing Todd v. Freeman, 2005 BCCA 519, 46 B.C.L.R. (4th) 207, acknowledged a contingent asset may be a family asset if the evidence demonstrates the parties had looked to the asset for the family’s future financial security. He concluded, however, the evidence did not support such a finding here:
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