The Court held that a son who worked for decades without wages on his parents' farm was entitled to a constructive trust over the property, finding that the parents had induced an expectation that the property would be transferred to him within a reasonable time after their tax losses were exhausted, not merely upon death. The proper measure of relief was the value of the promise made, assessed by reference to the probable income stream from the three-way partnership (representing the parents' ongoing entitlement as silent partners), rather than by reference to the parents' actual retirement needs or the property's market value. The Court directed a further relief hearing to quantify the financial conditions on transfer, leaving open the precise calculation of the parents' compensation but establishing that the methodology should be based on the partnership's maintainable earnings projected from historical performance.
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