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The Lawyer’s Daily quotes Zohar Levy in an article on the Ontario Court of Appeal and the importance of intent in gratuitous transfer

Fasken
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“Ontario Court of Appeal highlights importance of intent in gratuitous transfer” by Amanda Jerome, The Lawyer’s Daily

The Lawyer’s Daily quotes Toronto lawyer Zohar Levy in an article on the Ontario Court of Appeal and the importance of intent in gratuitous transfers.

Zohar Levy, of Fasken Martineau DuMoulin LLP and co-counsel for the appellant with Earl Cherniak, of Lerners LLP, and Valois Ambrosino, of Ambrosino Law Group, said her client didn’t feel that his mother’s intentions were accurately reflected, so this case acts as a cautionary tale to lawyers, and the general public, to ensure that conversations around gift letters are clear.

“Make sure that you’re really talking to your client that, not only do they intend to give the money away, which was the focus of the inquiries done here, but also that they intend to give it to their child’s significant other. That was a really big issue, and I think you can see from the appellant decision, that that was really important to the Court of Appeal, as well as to the trial judge, that she [Dianne] signed these gift letters with independent legal advice,” said Levy.