QLD Will - Must Wait 3 Years for My Share?

[cheryle]

What can be done when you have been given equal share of estate but different to siblings you have to wait 3 years as your share is held in trust. It just states not good at managing finances

 

[winston wolf]

Wait 3 years or blow a large chunk of the estate challenging the will.

 

[cheryle]

Why? Cant it just be revoked. Its just from jealous siblings who conned the deceased.

 

[cheryle]

I know how I look with the will's status but its not true. Theres a history of sibling rivalry, which really was the deceased fault in many ways. But I think it was the logic of the deceased time.

 

[winston wolf]

I'm not making a moral judgment. Just saying how it is.
Someone else may give you a more wordy explanation but it will boil down to what I said.
You would need to prove immediate need to get your share early.

 

[cheryle]

What do you mean by immediate need? Im in struggle but fighting it. Due to employer 's budget and my age its harder to pick up the work. I just wish to relocate to Sydney to be near my children.

 

[cheryle]

The estate has not been sold yet.

 

[cheryle]

Thankyou Winston.

 

[winston wolf]

You would need to make a family provision claim.
This is normally done through the Supreme Court ($$$)
You would need to prove that you were going need the money sooner than 3 years.
ie, need an operation etc.
Sounds like your an adult, so I cant see 3 years making much difference to your financial acumen. As opposed to a 20yo with a habit.
The big problem is it could easily cost YOU $50K to get the money early.
Over riding a will is a big deal.

 

[cheryle]

Wow I am dissappointed but thankyou for your information.