What is the difference between managing your business affairs and attending to your daily care needs?

British Columbia, Canada


The following excerpt is from Fraser v. Fraser, 2008 BCSC 1733 (CanLII):

There is a qualitative difference between managing one’s business affairs and attending to one’s daily care needs and choosing who among family members one wishes to have in charge of those matters. Similar to testamentary capacity, I find the patient’s awareness and understanding does not have to be at a very high level to designate a family member to be in charge of their affairs. The patient need only know what his wishes are in that regard. See, McLean v. Gonzalez-Calvo, 2007 BCSC 646 at paras. 53-55.

Other Questions


Can a plaintiff set aside an order dismissing her claim for failure to attend a case management hearing and comply with case management orders? (British Columbia, Canada)
In what circumstances will management fees be calculated in accordance with the actual amount managed by the management company? (British Columbia, Canada)
Is a husband's contribution to a business considered a family asset in determining if the business asset is a business asset? (British Columbia, Canada)
What is the difference between company net income and management fees? (British Columbia, Canada)
If an agreement on all essential terms has been established, does the court need to imply some terms to give business efficacy to the bargain? (British Columbia, Canada)
When a managing director of a company acts in breach of his fiduciary duties to the company, does he have to disclose to the purchaser of a part of the company’s business? (British Columbia, Canada)
Does a disclosure statement need to call upon a vendor to warrant a certain state of affairs? (British Columbia, Canada)
Is there any difference between management fees and tax gross-up? (British Columbia, Canada)
What is the difference between a husband and wife when the wife is a co-owner of a small business and the wife receives her share? (British Columbia, Canada)
Is a vendor of a business entitled to set up a business in competition to the purchaser? (British Columbia, Canada)
X



Alexi white


"The most advanced legal research software ever built."

Trusted by top litigators from across North America.