Wellington Lawyers: Court Declares Untraceable Beneficiary Deceased for Estate Distribution

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An executor of a Will faced the challenge of locating a missing beneficiary entitled to a share of the Will-maker’s estate. Despite extensive searches over a decade, the beneficiary remained untraceable.

 

Efforts to Locate the Beneficiary:

The executor:

– Contacted the beneficiary’s extended family

– Hired two private investigators

– Conducted national, international, online, and financial searches

Despite these exhaustive efforts, the beneficiary could not be found. Consequently, the executor sought direction from the Court.

 

Court’s Decision:

The Court acknowledged that the executor had made reasonable efforts to locate the beneficiary. It also recognized that further investigation would be an inefficient use of estate funds.

To resolve the issue, the Court authorized the executor to distribute the estate as if the beneficiary were deceased. As a result, the beneficiary’s share of the residue was divided equally among the remaining beneficiaries.

Seek Professional Legal Advice:

If you face similar challenges with estate distribution, seeking legal advice is crucial. Leading law firms, dedicated to helping clients cost-effectively, offer a range of fixed-price Initial Consultations to help you understand your options. At Core Legal, our experienced team is ready to answer your questions and guide you on the right path.

 

Contact 

Lawyer Masterton | Commercial Lawyer Wellington | Asset Planning Lawyer | Wellington Property Lawyer | Wellington Relationship | Property Lawyer

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Address: Level 1,
109 Chapel Street,
Masterton 5840

Phone: +64 800 778 952

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