Deciding to move forward with an estate dispute in Sydney comes with financial implications, given the legal costs. As esteemed estate dispute lawyers in Sydney, The Will Challenge Lawyers can help you make a claim against an estate. Here are some of the key financial considerations to consider with an estate dispute.
Reasons for an Estate Dispute in Sydney
If you were not named as a beneficiary in a family member’s will, or you are a beneficiary but feel your share is unreasonably small, you can explore your legal options with estate dispute lawyers in Sydney. The law may give you the right to file a claim to receive a larger portion of the estate. However, it’s important to review the inheritance and tax implications of the assets you are seeking from the estate.
Mediation and Court Costs
When you contest a will, the court will first ask the parties to enter into mediation to solve an estate dispute in Sydney. With the guidance of a professional will dispute lawyer and mediator, both parties will try to reach a resolution without going before the court. Mediation is less expensive and faster than court, so achieving a resolution during this step will help save costs on claims against deceased estates.
Estate Administration Fees
Something else to consider is the ongoing fees of administering and distributing the estate. The longer an estate dispute goes on, the more fees will need to be paid out of the estate assets. That’s why it’s best to get in touch with estate dispute lawyers who can help you get the process underway to minimise unnecessary expenses and delays. Specialist solicitors will also charge a fee for their services, which you can enquire about before launching an estate claim.
Speak to Our Experienced Estate Dispute Lawyers in Sydney
Do you have more questions about legal costs in estate disputes? The Will Challenge Lawyers would be pleased to assist you in protecting your inheritance and preparing for the future. Submit an online enquiry, and one of our estate dispute lawyers will contact you within one business day.
