Court of Appeal Upholds Purchase Money Resulting Trust Decision
Ontario’s Court of Appeal (“COA”) recently released a decision clarifying the legal requirements for finding a purchase money resulting trust. The COA upheld the trial judge’s decision and dismissed the appeal on several grounds. The Appellant sought to appeal the trial judge’s finding that his mother’s estate held a 26% beneficial interest in a property his corporation owned. In 1980, the Appellant purchased a home for $38,500. He made a….
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Estate Litigation





