Doctor Inherits $24 Million Estate from Terminally Ill Patient in Sydney Court Decision
A recent court decision in Sydney has raised eyebrows as a doctor inherited a significant portion of a terminally ill patient’s multimillion-dollar estate through a series of last-minute will changes.
Raymond McClure, a wealthy individual who amassed his fortune through property investments, passed away in November 2017. Prior to his death, he had no spouse or children and resided in Strathfield, Inner West Sydney.
Initially, McClure had planned to donate his $29 million estate to the Salvation Army, with the exception of his household contents. However, as his health deteriorated due to diabetes, renal failure, and cancer, his final wishes evolved.
In a surprising turn of events, McClure altered his will in 2017 to exclude the Salvos and instead designated his doctor, Peter Alexakis, as the primary beneficiary, set to receive 65% of the estate.
Aside from the doctor, McClure also allocated portions of his wealth to his long-time gardener, handyman, and friends. Frank Camilleri, who had worked for McClure for over 40 years, was initially slated to receive a significant share but saw his portion drastically reduced in subsequent will changes.
Following another amendment, Dr. Alexakis emerged as the main inheritor, inheriting a staggering 90% of McClure’s estate, including the valuable Strathfield property, totaling approximately $24 million.
The relationship between McClure and Dr. Alexakis appeared close, with the doctor providing frequent care and support during the patient’s final months. Alexakis even recommended a lawyer to McClure for updating his will, a lawyer who managed substantial assets for the doctor’s family.
The intricate details of this case have sparked discussions about the ethics and implications of such substantial inheritances, especially when involving medical professionals and vulnerable patients.