1 total
Wife's fraudulent conveyance claim regarding husband's family estate freeze dismissed; spousal support ordered with imputed income.
The applicant wife sought spousal support and an equalization of net family property, arguing that a 1998 estate freeze by the respondent husband's father was a fraudulent conveyance designed to defeat her equalization claim.
The court dismissed the fraudulent conveyance claim, finding no unlawful intention and noting the applicant was not a creditor at the time.
The court imputed an income of $30,000 to the applicant and ordered the respondent to pay $4,500 per month in spousal support for a maximum of 10 years.
The court also determined the value of the respondent's shares in the family business, applying a 30% discount for lack of control and deducting contingent taxes, and dismissed the applicant's request for an unequal division of net family property.
