A bitter feud over the multi-million-dollar estate of record-breaking Melbourne Cup trainer Bart Cummings will be played out in the NSW Supreme Court.
Days before Australia’s greatest race, lawyers for his children, including his son, trainer Anthony Cummings, are due to front a hearing over the division of the estate left by the 12-time “cups king” who died last year, aged 87.
Jack Fisher, a long-time confidant of the legendary trainer, told The Australian last night: “It is sad that his name has bobbed up so close to the Melbourne Cup in an adverse manner.”
Anthony Cummings is embroiled in the legal battle over his father’s will with his sisters Sharon Robinson and Anne-Marie Casey.
It is believed Cummings is fighting to have the estate divided up as per his father’s instructions in the will, while his sisters are disputing the will. Read more 28/10/16
This is clearly a high profile case but also too common for too many estates.
We no doubt could google another multiple of similar cases but you should get the message.
So we just did google and found
Disputes over wills and estates between the rich and famous are endlessly fascinating for the insights they offer into the grubbier side of human instincts. Read more
And we ‘cut & paste’ from the article some but fascinating & compulsory reading
Some lines from the article to help you have the willpower.
she describes as a “year of hell” that fractured her relationship, destroyed her family and led to doses of antidepressants. “I’d known them for 30 years and never imagined they were nasty,” she says of the person who out of the blue decided they wanted a stake in her aunt’s estate. “Their true colours showed once there was money involved.”
And.
Disputes over wills and estates between the rich and famous are endlessly fascinating for the insights they offer into the grubbier side of human instincts.
And.
The larger the honey-pot, then the more bees can be expected to swarm
And
Another ugly trait estate lawyers see is early inheritance syndrome….which affects as many as one elderly Australian in 10.
And
it has also contributed to an increase in disputes over wills in the past decade, which are up by 52 per cent in NSW and 73 in Victoria.
Again read more of the article is
e.g. We attended another seminar this week where a lady contempory adviser who had reviewed 50 of her clients’ wills found that 60% of the wills did not reflect what the will maker wants today.
I.e. all wills need to be reviewed frequently & there is often a need to do so as in before early onset dementia which can take 3 years to develop.
Or that the majority of death claims under the age of 45 are in fact from suicide.
Hence we do have the facility to facilitate for you to action your will making through our online data collecting latest estate planning online tools
As it is online from here then you save yourself a wack in the usual solicitor’s 6 minute time sheet and again we read
The legal regulators in Victoria and NSW say complaints about the lawyers who specialise in will and estate matters are growing.
So you have it completed professionally by the best.
i.e. Then the next step is to have one of our preferred online estate planning firms one of which is nationally recognised to action all your required documentation.
Do you have the will power to action now?
If we were to sit down in three years time & looked back what do we need to do today so that you are financially & personally better off & hence happier.
As others do Contact us on 07 3848 1088 or email us or through our website.
John McAuliffe
