You are here

SCC Decision: May 3, 2007 (No. 2)

Taxonomy upgrade extras: 
Research articles : 

Madsen Estate v. Saylor, 2007 SCC 18
Click here to link to the full judgment.
(Wills and estates / Right of survivorship in joint bank account / Presumption of advancement / Presumption of resulting trust)
A father placed assets into a joint account with one of his adult daughters. When he died, the other siblings sued over whether the assets in the account should be distributed among the siblings or kept by the daughter with the joint account. The Court held that the assets should be distributed among the siblings.
Majority/Dissenting: 8:1