ICBC Settlement Money and Divorce – Does your Spouse get Half?

Settlement money for pain and suffering awards are excluded from family property division in British Columbia so your ex-wife or ex-husband is not entitled to half. However, it is critically important in a family law proceeding to have evidence and demonstrate to the court that the ICBC settlement award is in fact excluded. As a personal injury…

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ICBC Settlement not Family Asset in Divorce Proceeding

In this Personal Injury Settlement Divorce Claim case(2013 BCSC 1827) The wife  tried to claim half of the husband’s settlement from ICBC as a family asset. The husband kept his settlement from ICBC separate and did not use it for any family purpose.  He had actually placed the settlement money in a separate bank account and…

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