11:45 Inheritance law changes - what might they mean for you?
The law around who inherits your property when you die looks set for a shake-up - and some of the proposals are proving to be quite controversial.
The Law Commission reviewed the legislation governing succession laws - and made 140 recommendations, including streamlining old statutes into one Inheritance (Claims Against Estate) Act. The Commission was concerned in particular about family trusts, recommending courts be given greater powers to access them.
And how old is too old to make a claim against a parent's estate? One option from the Law Commission would prevent children over the age of 25 from doing so.
To unravel the proposals, Kathryn is joined by Professor Nicola Peart from Otago University, an expert in family property and succession laws.
Photo: 123rf
