Online CPD Module l Electronic booklet l PowerPoint Presentation
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The death of a family member is an extremely stressful time and this stress can be compounded when the deceased has died without a will. Even when there is a will, if gifts fail, there may be an intestacy or partial intestacy. This seminar will provide practical advice aimed at helping ensure that you are able to effectively guide your clients through the process of an intestate deceased estate.
This seminar will include:
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By completing this module you will be able to:
Authors: Theresa Donnelly, Henry Stokes
Published: 19 February 2019
Approximately 33,0001 New Zealanders die each year and with New Zealand’s aging population; numbers of deaths are expected to increase from year to year. 2 With around 50% of New Zealanders currently dying without a will, this makes this topic of significant importance to practitioners. Even where clients do have a will, if gifts fail there may be an intestacy or partial intestacy. This area has a number of fishhooks that aren’t always apparent if you don’t regularly practice in this space and may also come as a surprise to some of you who do. Estate administration can be a mine field. Administrators can struggle with the paperwork and are often blissfully unaware of their obligations and requirements and are totally dependent upon professional legal advice. Yet many who advise administrators are not fully aware of all the obligations and steps which can be taken to protect their clients.
This paper will follow through the various matters that should be considered when applying for Letters of Administration and some practical tips when going through the administration process. As part of that we will discuss a number of matters including:
1 33,339 as at December 2017 (from Statistics New Zealand website www.stats.govt.nz).
2 Deaths were 2,160 more than in 2016 (from Statistics New Zealand website www.stats.govt.nz).
These are the slides included in the presentation.
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Authors: Sharon Chandra, Antonia Fisher QC
Authors: Nic Scampion, Gillian Service