Case study
Helping vulnerable client secure a larger share of late mother’s Estate
The Client
Six months before she died, Anna’s mother altered her will to favour her grandson (Anna’s son). Anna was expecting to receive a 50% share of the Estate. She’s in her 50s, and her husband is unemployed. Anna has Bipolar Disorder, and can work only intermittently. There’s no certainty she will be able to continue working in the future.
The Challenge
Anna’s lawyer filed an Inheritance Act 1975 claim and instructed us to create an accurate Schedule of Outgoings to enable her to project Anna’s future needs, taking into account her committed spending and personal expenditure, including holidays. Although Anna had prepared some figures, her lawyer was keen to engage an independent and impartial third party to prepare a proper schedule to ensure its accuracy and provide impartiality.
The Solution
We prepared a detailed breakdown of Anna’s regular expenses and financial commitments to support her claim for a larger share of her mother’s Estate. It provided an accurate picture of Anna’s financial situation and helped to demonstrate her needs and obligations.
The Outcome
Anna’s case was settled at mediation. Her lawyer confirmed that our report definitely helped them achieve a good outcome for Anna.
Work with us
Why Pennywise Consultants?
Does this story sound familiar? If it does, Pennywise Consultants can help. We specialise in creating and challenging lifestyle budgets and income needs schedules in mediation and legal proceedings.
Our independent, impartial reports are clear, easy to understand and presented in a format accepted by judges, court officials and legal professionals. Many top-tier law firms in England and Wales have successfully used our budgets to achieve fair outcomes.
We go the extra mile to help you and your clients make big decisions quickly and confidently, providing certainty and peace of mind. We can do the same for you.
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