Lawyers' fees - the Angel Award and the IMBM Award
Last year I said 'most' NZ lawyers charged $1500 or more for probate or letters of administration.
That was probably an over-statement.
I've been making further enquiries.
Most seem to charge between $1000 and $1500, plus GST and plus disbursements (the $200 High Court filing fee).
I don't know what local firms (Rangiora/Kaiapoi) charge. So please don't take these comments personally. (Feel free to add a comment to tell us what you charge.)
Checketts McKay in Wanaka get the Angel Award so far - estimated $400-600 plus disbursements.
The IMBM [I Must Be Mistaken] Award goes to the 5 firms identified so far (out of the 22 firms surveyed to date) whose estimates were between $2000-$3500 - they were all North Island firms and I am not going to be more specific than that.
The 4 firms (so far) who were less than $1000 were all South Island: in Wanaka (as above), Timaru, Dunedin, and Oamaru.
There may well be others. I don't have time or money to do a comprehensive survey.
In my opinion, anything over $1500 requires a special explanation, if it is only for getting the grant of administration and not for the rest of the estate administration.
So ask first, and remember you have the option of using Kiwilaw's highly competitive online service for $460. (You knew that! Yes! Please tell your friends and family.)
(I have renamed the IMBM Award - previously it was called something else but I realised that might be considered discourteous towards lawyers.)
Poll: As a customer, what do you think about automation?
The Press investigates the growing reliance on your unpaid labour.
Automation (or the “unpaid shift”) is often described as efficient ... but it tends to benefit employers more than consumers.
We want to know: What do you think about automation?
Are you for, or against?
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9.5% For. Self-service is less frustrating and convenient.
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43.4% I want to be able to choose.
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47.1% Against. I want to deal with people.
Poll: Would you take a 1.5-hour hike for a shop? 🌿🐦
Canterbury, you have a hidden treasure right on your doorstep ... though it does come with a 1.5-hour walk up the stunning Rakaia Gorge Walkway.
Along the trail you’ll find The Fantail Shop showcasing small artworks by local artisans. Even better, every purchase supports the Fantail Trust, helping protect and restore biodiversity on the north bank of the gorge.
So we’re curious: would you take a 1.5-hour hike for a shop? (And for local biodiversity, of course 🌿)
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31.5% Yes!
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68.5% No thank you.
Those tips on how to manage your money
It annoys a lot. I just did a bank quiz on financial well-being. The main problem is with that is they don't account for being on a pension, which supposedly accounts for extra disability costs. What comes in never quite meets what goes out. That unpaid week until next payday is quite a stretch sometimes. My home is paid for, but those bills I must meet, rates, insurances, power, and internet costs keep going up. I just discovered my phone is an expensive rip-off, a clone or copy of an S24Ultra, with no comeback now, so I either put up with it or lash out $600 or more on another, sheheit! BTW, I got a pretty good score on that quiz. The only extra bit of money I make is a little interest, but the IRS taxes the hell out of that.
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