Issues about assets may often arise in connection with estates of persons who have had more than one relationship and may have left a child or children of such previous relationships.
It should not be taken for granted that actions involving estate property may be pursued at the cost of the estate. The case Glassock v The Trust Company (Australia) Pty Ltd [2012] QSC illustrated this. Here, two of the three executors named in the last Will of the deceased, were children of the deceased and applied to the Supreme Court for directions as to whether they could and ought to start proceedings to set aside a transfer by the deceased during his lifetime, of property which had been owned by him, to the deceased and his wife as joint tenants.
The Court considered the circumstances in that case were such that the Applicants, who were fit and able bodied adults and stood to benefit substantially from the successful pursuit of the proceedings, should fight out the litigation at their own risk as to costs. The Applicants were already residuary beneficiaries of certain property of the deceased and it was not considered right in that case for the action to be pursued at the cost of the estate.
If you need assistance with estate matters please contact McColm Matsinger Lawyers.
Carmel Davies
McColm Matsinger Lawyers


