Son secures Half a Million Dollars From Late Father’s Estate
Published 03 Nov 2015
Author: David Cossalter
Our client’s father left his Greendale Estate to his five children and their families in trusts, with vesting dates 60 years after his date of death. Two of our client’s siblings were left a significantly larger amount than our client. Our client, from Sydney, contacted GMP Contesting a Will Lawyers in Parramatta to discuss whether contesting a will was an option he could pursue, with a particular view of getting funds now as opposed to waiting for the trust to vest.
Our client had always enjoyed a close relationship with his father. Our client was brought up on a farm and helped his father to run and develop the farm. Even after he moved out of home our client remained living close to his father and visited him a minimum of twice a week to help his father look after the livestock on the farm. Our client was also his father’s primary carer for the last six years of his life. It was because of our client’s close relationship with his father and the amount of assistance he provided his father that he was very upset at the unequal distribution of assets in his father’s will.
Our client was in reasonable financial circumstances having paid off his mortgage, purchased an investment property and saved a healthy amount of superannuation for someone his age. This was a large estate, well in excess of $3,000,000.00, which regardless of our client’s financial position would enable a judge to provide not only for the needs of our client but also wants, being the cheese and jam of life.
David Cossalter of GMP Contesting Wills Team commenced proceedings in this matter in the New South Wales Supreme Court and the matter was settled in mediation five months later for over $500,000.00.
Our client was very happy to accept this offer from the Estate putting him in a great financial position without the need to worry about trusts.
If you are considering contesting a will get in contact with the experienced team at GMP Contesting a Will Lawyers.