A financial resource has been held by the High Court to be a “source of financial support which a party can reasonably expect will be available to him or her to supply a financial need or deficiency”, but how often has it really been so simple in practice?
In this episode, Bronia explores the legislation and caselaw relevant to the question “What is a financial resource?”
She examines the leading authorities and considers the types of information and evidence that practitioners should obtain when assessing whether their client or the other party has a “financial resource” in proceedings for spousal maintenance and/or property settlement.
