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NSW Inheritance - Father Transferring Assets to Brothers - What to Do ?

Discussion in 'Wills and Estate Planning Law Forum' started by jOHN 56, 4 January 2016.

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  1. jOHN 56

    jOHN 56 Member

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    I am the black sheep of the family and my elderly father ( 91) is deliberately transferring all his assets including his property into my 3 brothers' possession in order to avoid any Family provision claim I may be able to make in the future. My mother passed away 9 years ago and I received nothing in inheritance then as she left everything to my father and he gave substantial money to all 3 of my brothers but not the black sheep.

    Is there anything that I could do at this time to prevent or reduce about $3,000,000 of assets disappearing. I expect he will live well beyond the 3 years notional estate period as he is in quite good health. Is there any hope for the black sheep's future should my father live beyond the next 3 years or will I start planning my bankruptcy?

    Thanks
     
  2. Sophea

    Sophea Well-Known Member

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    Provided he survives the 3 year time period within which a court can claw back a "notional estate" I don't know of any way you could still bring a family provision application.
     

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