Negotiating and drafting terms of settlement in wills and estate matters. Seminar paper. June 2022
Publisher:
Melbourne, Vic.:
Television Education Network (TEN)
Keywords:
Introduction -- Layout of this paper -- The obligation on executors to compromise -- Where settlements require an order of the Court - family provision claims -- The timing of negotiations and practical effects of timing -- Offers of compromise -- 'Calderbank' offers -- The 'separate trust scenario' -- 'Last minute issues' & preparing for terms of settlement -- Designing your settlement document - a checklist -- Deed or agreement? -- Who are the parties? -- Recitals -- Interpretation clauses -- Performance of obligations and contingent obligations -- Releases -- Indemnities -- Default provisions -- Tax -- Representations -- Notice clauses -- Confidentiality and non-disparagement -- Severability -- Getting signing clauses right -- Counterparts -- Advocates' immunity & settlements -- Conclusion