All adults in Australia should have an up-to-date Will in place to ensure that their estate is distributed in accordance with their wishes after they have passed away.
All adults in Australia should have an up-to-date Will in place to ensure that their estate is distributed in accordance with their wishes after they have passed away.
In 2014 the Law Commission of England and Wales announced it was going to review the law relating to Wills with a view to encouraging more people to make a Will and reduce the likelihood of Wills being challenged.
It was recently reported that a man, described as ‘effectively homeless’, had been awarded $550,000 from the estate of a woman who died without making a Will, after he made a claim for ‘family provision’.
The Australian recently reported a story under the headline ‘No will, but the judge finds a way to distribute dying boy’s “many millions”’. As reported, the situation concerned a boy, aged 13, who had suffered brain injuries at birth for which he had received substantial compensation and now had a fortune of almost $9 million.
A judge in Queensland has been given the difficult task of deciding how the estate of a multimillionaire should be divided when he dies, reports the Courier Mail.
For more information or to book a consultation, call us on
02 9281 5088