Deceased Estates

 Have you experienced the loss of a family member or friend, and are not sure how to deal with their estate?

The first questions you need to ask are:

1. Is there a valid Will?

2. Who is the named Executor(s)? 

3. Is a Grant of Probate/Letters of Administration required?

Losing a family member or friend can be an overwhelming experience. The loss can turn your life upside down and it is important to be able to grieve in your own way. It can be extremely difficult to have to put emotion aside to fulfil the role of being the Executor of your loved one’s Will, especially when you may feel lost, overwhelmed or do not know where to begin.

Being named an Executor, often feels like an honourable appointment, however it comes with tremendous responsibility, during a very difficult time. The weight of the role can often become too much, and you may feel like giving up. This is where we can help.

We are able to assist Executor(s) to fulfill their role, by providing guidance in relation to the administration of the Estate. We are also able to walk you through the process if there is no Will.

If you or someone you know is administering an Estate or about to begin, contact us for a complimentary consultation where we can determine the requirements of the Estate and how we can help.
 

• Confirming the Will is valid
• Identifying the named Executor(s)
• Determining whether Probate or Letters of Administration are required.
• Locate and confirm assets and liabilities for Probate affidavits 
• Complete Probate application or Letters of Administration (used when there is no valid Will) including lodgement of legal advertisements
• Locate beneficiaries
• Facilitate beneficiary communications
• Collect assets 
• Open Estate bank account
• Co-ordinate property cleaning, clearing and valuations
• Arrange sale/transfer of property or notify Real Estate Agents of end of lease and collect bond.
• Co-ordinate tax requirements – Date of Death, Estate returns, Capital Gains Tax reconstruction
• Prepare a guide for division of assets (apportioned in line with beneficiary entitlements)
• Complete distributions to beneficiaries - cash and/or in-specie (transfer of assets)