WA Refusing Part of a Bequest

Get Instant Legal Answers - Free AI Legal Help
Join thousands of Australians each month using LawConnect’s AI assistant for fast, personalised legal information. No waiting. No cost. Start now.
Ask Your Question Now

Mischa

Member
25 August 2022
2
0
1
I am the Executor of an Estate that includes a 60 ft boat which is in very poor condition, basically worthless, and will be expensive to dispose of. Can I refuse to accept the boat as part of the Estate?
 

Tim W

Lawyer
LawConnect (LawTap) Verified
28 April 2014
5,131
833
2,894
Sydney
Do you mean as a gift to yourself?
Or do you want to somehow not count it in the Inventory?
 

Mischa

Member
25 August 2022
2
0
1
No it is not a gift to myself. I am the Executor of an Estate that includes a boat that is basically a financial liability. I want to know if the Estate has to accept this liability as I am concerned that it may cost more than the assets of the Estate. It is not mentioned specifically in the will.
 

Tim W

Lawyer
LawConnect (LawTap) Verified
28 April 2014
5,131
833
2,894
Sydney
No it is not a gift to myself. I am the Executor of an Estate that includes a boat that is basically a financial liability. I want to know if the Estate has to accept this liability as I am concerned that it may cost more than the assets of the Estate. It is not mentioned specifically in the will.
To be a liability, then there must be some sort of duty to make good, or keep it up to a standard - such as if it was a workplace.
Why do you think you can't just sell it as/ how is?