No reward for inheritance impatience
Written on the 9 February 2016 by Adrian Corbould
"Inheritance impatience", or as Veruca Salt sang in the Willy Wonka movie: "I want it now!"
Parricide (killing one's close relative), and its specific relations of patricide (one's father), matricide (mother), mariticide (husband), uxoricide (wife), for personal benefit is as old as recorded history and fable itself. Notable examples of this in reality and fiction include: Sef Gonzales, Oedipus, Double Indemnity, and countless more.
Under the "forfeiture rule" - where a person is guilty of murder, manslaughter or "unlawfully killing" another person, the offender cannot benefit from the deceased following the killing, for example, receiving benefit under the victim's will. The offender "forfeits" any potential benefit.
Where a person is acquitted from criminal charges, or criminal charges are not laid, then the application of the forfeiture rule is not necessarily excluded, as a civil application may be made to try and prove that on the "balance of probabilities" the person is guilty of the unlawful killing of the victim (i.e. more than 50% likely), rather than "beyond reasonable doubt", and therefore the forfeiture rule be applied.
On application of the rule, the offender becomes disqualified from having any interest in the victim's assets, including superannuation and life insurance, and is ineligible to benefit from the principle of survivorship. The estate will be administered as if the offender's interests in the estate do not exist or as if those gifts have been struck out.
The forfeiture rule does not apply where someone committed an unlawful killing and at that time the person was deemed insane such that they were unable to understand the nature and quality of their acts or comprehend that what they were doing was wrong.
Despite the application of the forfeiture rule, in New South Wales an offender can apply to the Supreme Court to modify the effect of forfeiture rule, having regard to the conduct of the offender and the deceased, the effect of the application of the rule, and any other material matters. For example, if the offender was a victim of ongoing domestic violence at the hands of the deceased, and the offender unlawfully kills their spouse, the offender may still benefit from the deceased's estate, subject to application of the Act.
As longevity of the average citizen increases, with matching costs of living, it is likely so too will inheritance impatience.
Author: Adrian Corbould
About: Adrian is an Accredited Specialist in Wills & Estates Law. He practises exclusively as a member of the Contested Wills & Estates team. For more than 10 years, Adrian has helped hundreds of clients, and his tenacity and experience make him one of the most sought after Will Contest Lawyers in New South Wales (NSW).Connect via: Twitter Google+ LinkedIn
Adrian Corbould is a Law Society Accredited Specialist in Wills & Estates Law. For more than 15 years he has helped hundreds of clients in contested estate matters. His tenacity and experience make him one of the most sought after Will Contest Lawyers in New South Wales (NSW).
Adrian is an Accredited Specialist within the Contested Wills & Estates Team. In certain circumstances, the team operates on a 'No Win, No Fee' basis. If you'd like to discuss your circumstances with a member of the team, call us and ask for a Free Appraisal.
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