Formbys Lawyers

What happens when hou challenge a will and fail?

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What happens if you contest a will and fail?

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https://www.afr.com/wealth/personal-finance/rare-victory-for-man-with-10-siblings-in-55m-inheritance-row-20251009-p5n1ed

‘Rare’ victory for man with 10 siblings in $55m inheritance row After working for minimal pay in the family takeaway shop for years, Tony El-Bayeh argued he was owed a share of the estate.

https://www.afr.com/wealth/personal-finance/will-we-still-inherit-the-family-home-if-my-dad-has-remarried-20251012-p5n1vg

Will we still inherit the family home if dad remarries? Blended families create complications when it comes to estate planning, especially if wishes are not made clear and wills are not properly structured.

https://www.usatoday.com/story/special/contributor-content/2024/09/24/you-never-really-know-someone-until-you-share-an-inheritance-with-them-the-human-side-of-estate-plan/75367441007/

You Never Really Know Someone Until You Share an Inheritance with Them: The Human Side of Estate Planning Paving the way for revolutionary, psychologically conscious approaches to estate planning, Paul Hood stands as a national thought leader in this space.

Near Death Experiences...

Please don't prepare a will by sending a text message...

Superannuation and evidencing the end of a de facto relationship A recent decision shows the importance of updating documentation, eg binding death nominations regarding superannuation entitlements, following separation.

Grandkids... got to love 'em

Lawyer warns of rise in grandkids suing grandparents' estate - ABC listen Amid a massive wealth transfer from baby boomers to millennials, there has been a rise in grandchildren challenging their grandparent's wills to get a bigger cut.

https://www.news.com.au/national/victoria/courts-law/kris-schroder-psychologist-convicted-of-225m-fake-will-fraud-loses-appeal/news-story/933b303f75ffe69f601efc8fd576d940? =_

‘Gold-digger’ wife’s $2m fake will fraud A “gold-digger” psychologist found guilty of using a fake will to attempt to claim her late partner’s wealthy estate was left shaking her head after a panel of three judges refused her efforts to overturn the verdicts.

What would you do?

‘Mum left me $60,000. Should I give my brothers some money?’ Welcome to The Dilemma, where psychologist Jacqui Manning offers advice on your ethical questions and moral dilemmas. This week she helps a woman who got more than her brothers in her mum’s will.

Interesting article about mutual wills....

Sisters take on extended family to win $13.5m inheritance dispute A sharp rise in blended families is creating complex legal issues, particularly for inheritance claims.

If you are considering helping your kids to buy a house, read this article first. We can put an agreement in place to protect you.

What happens to Bank of Mum and Dad loan if we break up? A couple buying an apartment have very different deposits – he has $50,000, she has five times that thanks to the Bank of Mum and Dad. What happens if they split up?