10 03, 2022

Estranged child makes claim

2022-03-10T13:20:06+10:00March 10th, 2022|

Hypothetical by Manny Wood published in the Coffs Coast News Of The Area on 11 March 2022. Mary makes a will leaving the whole of her estate to her son David. She makes no provision for her son Peter and her will includes a notation stating that “Peter has chosen not to communicate with me for many years”. When Mary passes-away at the age of 80, she leaves an estate valued at $2 million. Peter makes a claim against Mary’s estate. At trial, the Court hears that Mary was left out of her parents’ wills and made a successful claim, so she was aware of what was [...]

3 03, 2022

Burial at sea: The legalities

2022-03-03T10:10:50+10:00March 3rd, 2022|

Hypothetical by Manny Wood published in the Coffs Coast News Of The Area on 4 March 2022. Barry, a retired professional fisherman, makes a will which includes a provision to the effect that upon his death, he wishes for his remains to be the subject of a burial at sea. Barry appoints his son, William as his executor. Many years later, Barry passes-away and William makes enquiries regarding Barry’s burial wishes. William discovers that he must submit a Burial at Sea Permit Application Form to the Commonwealth Department of Agriculture, Water and the Environment with an application fee of $1675. The application form must include the reasons [...]

24 02, 2022

Second bite at cherry after divorce

2022-02-24T13:36:42+10:00February 24th, 2022|

Hypothetical by Manny Wood published in the Coffs Coast News Of The Area on 25 February 2022. Peter and Michelle separate after a 20 year relationship. 12 months later, a divorce order is granted. Peter puts an offer to Michelle regarding the division of their property. They both seek legal advice. The parties ultimately settle on a 60/40 split in favour of Michelle. Consent orders under the Family Law Act are drafted to finalise the arrangement. Peter takes the opportunity to discuss his estate planning with a specialist. The solicitor advises him, that despite the finalisation of the property settlement under Commonwealth legislation, Michelle is still able [...]

17 02, 2022

No stick for Slick

2022-02-17T11:28:54+10:00February 17th, 2022|

Hypothetical by Manny Wood published in the Coffs Coast News Of The Area on 18 February 2022. Paul and Amy purchased a vacant block of land and are ready to build their new home. They settle on Slick Homes as their builder. During the negotiations with Slick Homes, Amy was adamant that the house had to be ready for Christmas the following year. This timeframe gave Slick Homes 15 months to build the house. The parties agreed to and signed a standard building contract. The terms of the contract included a 200-day handover date, however additional time was allowed for a 3 week break over New Year, and other [...]

10 02, 2022

Mid-transaction Tragedy

2022-02-10T12:16:55+10:00February 10th, 2022|

Hypothetical by Manny Wood published in the Coffs Coast News Of The Area on 11 February 2022. Robert sells his home for $1 million. A deposit of $100,000 is paid on the exchange of contracts and settlement is scheduled to occur 42 days later. Unfortunately, Robert unexpectedly passes-away three weeks after contracts are exchanged. The contract contains the standard conditions, which do not allow the purchaser to “rescind” or cancel the contract in the event of the vendor’s death. The contract does however include the usual provision that if the vendor is unable to proceed to settlement, the purchaser can issue a 14 day notice, after such [...]

4 02, 2022

Claim to enforce squatter’s rights

2022-02-04T14:32:25+10:00February 4th, 2022|

Hypothetical by Manny Wood published in the Coffs Coast News Of The Area on 4 February 2022. Tim is part of a wealthy family and has inherited a number of properties from various family members over the years. Tim had regularly moved up and down the coast as a younger man and later in life, settled in a small seaside township. Tim had forgotten about a large parcel of vacant land that he inherited 25 years ago. Next to Tim’s vacant land, a conscientious and thrifty developer, ABC Villages Pty Ltd, began to establish a golf course and residential complex. Shortly after construction began, ABC Villages used [...]

27 01, 2022

Parents claim repayment of loan after tragic loss

2022-01-27T09:08:29+10:00January 27th, 2022|

Hypothetical by Manny Wood published in the Coffs Coast News Of The Area on 28 January 2022. David and Jenny wish to purchase their first home. They talk to their bank about obtaining finance and are informed that they will need to source additional funds to proceed. Jenny talks to her parents, who agree to advance her $200,000 to assist with the purchase. At settlement, David and Jenny are registered on title as joint tenants on the advice of their conveyancer. Jenny makes a will, stating that her parents are to be paid a legacy of $200,000 from her estate. Tragically, David and Jenny are involved in [...]

20 01, 2022

Caveats and solemn form grants

2022-01-20T11:15:53+10:00January 20th, 2022|

Hypothetical by Manny Wood published in the Coffs Coast News Of The Area on 21 January 2022. Wendy, aged 88, makes a will leaving her whole estate to her niece, Alice. At the age of 95, Wendy, with the assistance of her other niece Jane, puts her house on the market, with a view to moving into a nursing home. Wendy retains a new solicitor for the purposes of the sale at the recommendation of her real estate agent. Wendy’s house is sold for $2 million and she moves into a nursing home. After a short stay in hospital, Wendy makes a new will, with her new [...]

20 12, 2021

I saw Susie Suing Santa Clause

2021-12-20T14:28:08+10:00December 20th, 2021|

Hypothetical by Manny Wood published in the Coffs Coast News Of The Area on 24 December 2021. It was Christmas Eve and all through the house, not a creature was stirring, not even a mouse. Nothing would stir for the rest of Christmas Eve, nor Christmas Day. A fact that little Susie, could scarcely believe, she didn’t know what to say. Had she been bad enough that year to end up on Santa’s naughty list? The thought was so terrible, yet it did so persist. Although they did not confirm Susie’s fear, the Boxing Day news headlines made everything clear. “After one too many servings of warm [...]

16 12, 2021

Are you on Santa’s good list?

2021-12-16T11:01:54+10:00December 16th, 2021|

Hypothetical by Manny Wood published in the Coffs Coast News Of The Area on 16 December 2021. Johnny, child of Nancy and Donald Carpenter, was a much loved and very spoilt only child. During the year Johnny turned 19, his parents had been encouraged by his strong academic results and told him that if he kept it up, he would definitely be on Santa’s good list. It was the night before Christmas, and Nancy and Donald gave Johnny a very special Christmas card that said, “Johnny, you have been such a good boy and worked so hard at university, we are giving you this special gift.” Inside [...]

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