How a handshake deal between friends at a Sydney shopping centre delivered one $8m
A handshake agreement between two long-time friends in Sydney led to a significant inheritance dispute after one of them passed away without a will. The NSW Supreme Court ruled in favor of the surviving friend, who claimed he was entitled to the deceased's $8 million estate based on their pact. This case highlights the complexities and risks associated with unwritten agreements regarding inheritance.
- ▪The two men made a pact at a Sydney shopping centre that resulted in a costly inheritance dispute.
- ▪The elder friend died in 2017 without a will, leaving behind an $8 million estate.
- ▪The court found that the deceased promised to leave all his possessions to his friend in exchange for care until his death.
Opening excerpt (first ~120 words) tap to expand
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.