When Words Matter: Verbal Promises and Your Estate Plan

A recent High Court decision in Kramer v Stone [2024] HCA 48 has reaffirmed that verbal promises can have serious legal consequences when it comes to inheritance. The case involved a long-time property manager who was verbally promised land by the deceased, but was left out of the will. The Court found that it would be inequitable for the estate to ignore the promise, as the manager had relied on it to his detriment. This decision highlights the importance of ensuring that all promises—especially those relating to inheritance—are properly documented in a valid will. Verbal assurances may be enforceable, but they can also lead to costly disputes. Proper legal advice and clear documentation remain key to effective estate planning.