What are fionas obligations regarding

Assignment Help Business Law and Ethics
Reference no: EM133255981

Case: Jessica Cameron went to see her accountant and established a discretionary trust and transferred her assets into it. On 1 July 2021, Jessica signed a deed of trust appointing her brother Hamish to be the trustee of the Cameron Family Trust. On 1 August 2021, Jessica was awarded the sum of $1,200,000 by way of judgement of the Supreme Court of the Northern Territory in relation to a medical negligence action against her plastic surgeon, Dr Strange. On the same day, Jessica signed a letter addressed to Hamish which said "I transfer my right to be paid the sum of $1,200,000 which was awarded to me in my medical negligence action into the Cameron Family Trust." Sometime in 2000, Jessica had a secret love affair with a member of the boy band "N-Sync" and in 2001, Jessica gave birth to a son, Joshua, who was a child of Jessica and her secret lover. Jessica kept the existence of her child a secret from her family for fear that she would be disinherited from her family's gas and coal mining empire. Joshua was sent to live with a close friend, Fiona Clarke in Sydney to care for. In October 2021, on Joshua's 20th birthday, Jessica told Fiona that she wished to benefit Joshua in her will but she did not want her family to know. She asked Fiona to help her. Fiona agreed. Jessica told Fiona that she had placed a number of documents in the safe custody of her solicitor and had instructed her solicitor to only release those documents to herself and Fiona. Jessica said that the documents would explain how to help Joshua if she ever died. In 8 January 2022, Jessica prepared a new, valid will at her solicitor's office. Joshua, her son, was employed as a law clerk with the firm where Jessica prepared her will and he and the solicitor who drafted the will witnessed it. The will contained the following provisions: 1. I appoint my dear friend Fiona Clarke as my executor. 2. I give the sum of $2,000,000 to my dear friend, Fiona Clarke. 3. I give the rest and residue of my estate to my only surviving brother, Hamish. On 14 February 2022, Jessica passed away in a motor accident. Fiona retrieved the documents held in safe custody with Jessica's solicitor and apart from the will, a letter addressed to Fiona, signed by Jessica, dated 8 January 2022 was also found which said: "Fiona, I have left you $2,000,000 in my will. Please give $1,900,000 to my son, Joshua and keep the rest for yourself."

Question: What are Fiona's obligations regarding the $2,000,000 gift in Jessica's will? Does the fact that Joshua witnessed the will have any impact in light of section 12 of the Wills Act 2000 (NT)?

Reference no: EM133255981

Questions Cloud

Because i could not stop for death : Emily Dickinson is well-known for what many consider a strange or even morbid fascination with death. Dickinson certainly did not view death in the same way tha
Does nazim owe a duty of care to kim and/or andy : Does Nazim owe a duty of care to Kim and/or Andy? Explain your answer by making reference to relevant case law.
Establish a bond between audience and character : According to lecture materials, what are the three techniques television storytellers use to establish a bond between audience and character?
What is minimum value you must obtain from attending game : You calculate that the cost of driving on the icy roads is 1 unit (So, D=1). What is the minimum value you must obtain from attending the game.
What are fionas obligations regarding : What are Fiona's obligations regarding the $2,000,000 gift in Jessica's will? Does the fact that Joshua witnessed the will have any impact in light of section
Identify the want-need and life dream : Using examples from the pilot episode of WILL AND GRACE, identify the Want, Need and Life Dream for Will and Grace. Make sure to include supporting evidence fr
Maintaining student interest and engagement : Many times, teachers will employ technology tools repeatedly when engaging students. Over time, student interest and engagement with the tool might decrease onc
Does lissa hall have a claim under the attractive nuisance : Does Lissa Hall have a claim under the attractive nuisance doctrine against CCI Developments, the construction company that owns the land where she was injured
Helen of troy episode in love of three queens : Choose one of the following options to prompt your brief written response (300+ words).

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Did trial court apply the correct standard of sms material

Situation Management Services (SMS) provides consulting services to domestic and international clients. In providing these services, SMS developed copyrighted.

  Discuss your views on thr given lawsuit

Discuss your views on this lawsuit - do you feel it is a valid lawsuit? Why or why not? What should management do to prevent lawsuits.

  Analyze psychological reasoning used by the supreme court

The purpose of this assignment is to analyze the psychological reasoning used by the Supreme Court in a decision relevant to forensic psychology.

  What is discoverable in a criminal felony case

Research the discovery laws in the state of California. What is discoverable in a criminal felony case

  Express term and an implied term

What is the difference between an express term and an implied term? Provide me with an example of each.

  Explain the elements of a valid contract

Explain the elements of a valid contract, and identify which contract elements, if any, exist between The Friendly Dawg and landlord Lou

  What will you do when an employee reports an incident

How will employees be able to report incidents of sexual harassment and what will you do when an employee reports an incident

  Identify and analyze additional strategies and principles

Analyze and explain the leadership theories most applicable to the modern corrections environment. Identify and analyze additional strategies and principles you would suggest for implementation by a modern corrections leader.

  How does restorative justice appear to work in this case

Visit the web site for the International Institute for Restorative Practices and review the past eForum articles. What are the benefits of using restorative justice instead of sanctions

  Vulnerabilities in our food and agriculture infrastructures

Terrorist attacks have been focused on commercial aviation since the 1970s. A number of significant international conventions related to terrorism have been developed over the last sixty years

  From your readings select two legal forms of doing

from your readings select two legal forms of doing business and explain the differences between the two the benefits of

  Describe the handling of witnesses and evidence

Describe the handling of witnesses and evidence. What would you as the investigator do to elicit the cooperation of this witness and collect evidence for the case?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd