If it's true, it's another estate-administration rip-off (Auckland lawyer)
I know I've said it before, and I repeat: PLEASE CHECK THE FEE BEFORE YOU USE A LAWYER FOR PROBATE or LETTERS OF ADMINISTRATION.
I heard this week of an Auckland lawyer who allegedly quoted $5000 for letters of administration.
Possibly that included all the estate administration, not just getting the grant of administration from the High Court. The enquirer had, however, asked about 'just' letters of administration.
The lawyer allegedly told the enquirer that they (the family) legally could not do any of the work themselves once they had letters of administration, and that they had to use a lawyer. If that was actually said (and I emphasise 'if'), it was false.
The letters of administration should not cost more than $1500 even allowing for some language issues. The rest of the estate administration, for the small amount of property involved, should not be more than about $500, perhaps $1000 at the outside to allow for high office rents in Auckland (!).
I have also heard of some excessive figures quoted by South Island lawyers. (As well as a few who charge less than $1000 for probate or letters of administration.)
Please just check beforehand - whether it's for letters of administration (no will) or probate (a will, with at least one executor able and willing to act).
A Neighbourly Riddle! Don’t Overthink It… Or Do?😜
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
If you multiply this number by any other number, the answer will always be the same. What number is this?
Poll: Should the government levy industries that contribute to financial hardship?
As reported in the Post, there’s a $30 million funding gap in financial mentoring. This has led to services closing and mentors stepping in unpaid just to keep helping people in need 🪙💰🪙
One proposed solution? Small levies on industries that profit from financial hardship — like banks, casinos, and similar companies.
So we want to hear what you think:
Should the government ask these industries to contribute?
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60% Yes, supporting people is important!
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24.5% No, individuals should take responsibility
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15.5% ... It is complicated
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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9.7% For. Self-service is less frustrating and convenient.
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43.1% I want to be able to choose.
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47.2% Against. I want to deal with people.
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