632 days ago

Public Trust Estate Administration

Ian from Tawa

HI all, just wanting to encourage anyone with a public trust will to contact them and get an estimate of what your estate is likely to cost to administer.
I am a little outraged at an estimate of my mothers estate taking 8-12 months to administer with a cost at just under $11,000- .
Mum had cash in the bank and no other material assets having been in hospital level care for around 3 years.
The estate is split equally between 3 children with a token gift to 1 other estranged child which I believe was at their advice when the will was made.
I don't know what it would cost normally but it seems outrageous that cash only could incur that sort of cost.
I'd encourage people to enquire if that seems high, you do have a choice.
I know Mum would be very annoyed at this cost herself had she known.
Thanks, ian

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Type 'Not For Print' if you wish your comments to be excluded from the Conversations column of your local paper.

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Does the building consent process need to change?
  • 91.4% Yes
    91.4% Complete
  • 8.2% No
    8.2% Complete
  • 0.4% Other - I'll share below!
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Dickie Hart is told by wife Glenda they have to move from Wellington to Auckland. How will Dickie cope with apartment living, meeting new people, Covid lockdown, getting a new driver's licence…and possibly even having to support The Blues?

"Once again, clever Sir Roger Hall strikes comedy gold…End of Summer Time is a great night out. Don’t miss it!”

- Ross Jolly, Director.
Find out more

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