Unhappy bedfellows ~ the case of Williams v Lawrence
Lexa Hilliard QC explores the case of Williams v Lawrence, which exposes the effect of insolvency on a disposal of the deceased's property made years before the estate was made bankrupt. In this particular case, the interest of the deceased in a substantial property was the subject of a successful claim by the trustee in bankruptcy of the deceased's estate some 16 years after he had died.
Lexa discusses the background facts; insolvency and the estates of deceased persons; the trustee in bankruptcy's claim to recover the property; the judgment and the lessons learned.
To read the full article, first published by the Trusts and Estates Law & Tax Journal, December 2011, please click here.
