PEACE TALKS - What would Mum and Dad say if they knew you were fighting over their estate?

What would Mum and Dad say if they knew you were fighting over their hard earned property, super and other assets?

How often have we all heard that grief and loss bring out the best and the worst in people?  It really is true isn't it?  Sadly, when we lose significant people in our lives a  chain reaction of free flowing emotions tends to start and all sorts of unresolved issues from the past can surface, including old sibling rivalry - feelings about unfair treatment by parents, unfair advantages to our brothers and sisters, things that weren't said and should have been or were said and shouldn't have been.

When Mum and Dad are no longer around to keep the family on some sort of an even keel or to even give their version of events, there is the potential for these issues to get right out of hand - especially if, for one reason or another, Mum and Dad decided that their estate should not be divided equally.

There are indeed laws about sorting out perceived inequities in respect of who is left what, and the courts are there to help as a last resort.

As mediators skilled in dealing with all types of interpersonal disputes, though, we know that "blood is thicker than water" in most cases.  A discussion around a table under the guidance of a skilled mediator BEFORE the dispute escalates, has the best chance of ensuring the estate is not depleted through legal costs and of achieving a result everyone can live with and which allows siblings to continue on as a family - something every parent would want.

How would you feel if your kids ended up not talking to each other and trying to forget they were even related, just because you were prudent enough to have something to leave them? Most in those circumstances would rather spend it all before they went. 

Give our expert and sensitive mediators the opportunity to help you sort your estate issues in a way which allows you to save money, save face and save relationships!

PEACE TALKS 

Estate Mediations

Mediation Matters

Today I am at "Round the Table with Mike" which is a free service for people to call in and chat with a mediator about the process generally or to discuss any particular issues.

Round the Table with Mike takes place on the first and third Wednesdays of each month between 4pm and 6pm at the Brisbane Mediations Dispute Resolution Centre.

Patrick Wedge, one of our mediators has called in for a chat. Patrick was in a past life, the Deputy Public Trustee of Queensland and so, as one would expect, has considerable experience in Estate Mediation.

As well as being on our panel, Patrick conducts his own Mediation practice.

I asked Patrick for his opinion as to the cause of estate disputes and his reply was as follows:

" One of the principal reasons for disputes in deceased estates is that people's expectations have not been met. A person may have expected to receive a greater share in an estate or may have been left out completely. Where there is ill feeling with the other beneficiaries in settling the issue, a dispute arises".

I then said to Patrick: "At what stage should people seek to mediate?  Should they mediate as soon as the dispute arises or should they wait until some formal court process is initiated?

 Patrick replied:

"The sooner the parties involved have the opportunity to discuss the issues, the better off they will be emotionally and a solution can be negotiated at mediation".

I once heard estate litigation described as "Family Law from the Grave", and certainly estate disputes can often give rise to the same high level of emotions as Family Law. Mediation with a competent mediator such as Patrick, offers the opportunity for resolving the issues without the high costs and delay of litigation. If handled sensitively, mediation also offers the opportunity to repair the relationship between the disputing parties.

The important thing is to seek advice before everyone becomes too embroiled in the dispute.