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.)
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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