Defending against claims that business proceeds were lifetime gifts
Read the case ↗- The concern
- During estate division, the client faced allegations that property and money previously received were lifetime gifts.
- Our response
- The review distinguished business agreements and actual work, records of returned shares, and transfers settling sale proceeds.
- The outcome
- The court rejected certain special-benefit allegations relating to business consideration, returned shares and settled proceeds, and amended the estate division.
Other items were recognised as special benefits, and the contribution-related appeals were dismissed. Finality has not been confirmed.