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GIFTS - Inter vivos - Presumption of advancement - Parent to child - Rebuttal

Tuesday, November 07, 2017 @ 6:01 AM  

Appeal by the Executor of the Chris Kyle Estate from an order in favour of the Executor of the John Kyle Estate. Chris, now deceased, was named Executor of the Will of his father, John. At the time of John's passing, Chris held a joint account with John totaling $400,000. Upon John's death, Chris transferred the funds to his personal account and applied them to pay a mortgage on property owned by his company. Chris failed to disclose the existence of the joint account or the...