Disputing a will was once something mainly rich people did. But these days it is more common across the board. Law firms are openly spruiking services to contest a will with ads, such as “Left Out of a Will?”, popping up regularly. Some legal firms promise if you don’t win, you won’t have to pay legal fees or only pay a fixed fee.
Anna Hacker, national manager, estate planning, at Australian Unity Trustees legal services, says there is certainly more awareness about contesting a will. One reason is the rise in the value of the family home, resulting in a wealthier estate that is worth contesting.
Also, the definition of eligible people who can challenge a will has been expanded in some states. If a deceased person has a blended family, it means that multiple partners, either through marriage or de facto relationships, as well as children, stepchildren and grandchildren could be eligible to claim on the estate. Same-sex partners and also people who were living in a close relationship with the deceased at the time of their death – not related by family but providing domestic support or personal care – can make a claim in some states.
This story is from the February 2021 edition of Money Magazine Australia.
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This story is from the February 2021 edition of Money Magazine Australia.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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