Public Trust Estate Charges
Hi all, a while back I had a bit of a moan about public trust and their estimated charges for my mothers cash only estate. Having now been finalized just want to give people a picture of their charges:
Fixed Fee charges
Estate establishment fee $2,024.00
Estate Finalisation Fee $1,641.00
External Term Deposit Set-up fee $55.00
Income Commission $119.01
Physical & Digital Office Expenses $55.00
Probate/Grant of Administration fee $949.00
Time and Attendance charges
Additional Services $1,714.34
Beneficiary distributions $63.07
Communications and meetings $409.26
Complex grant of administration $328.90
Deal with estate assets and liabilities $3,108.14
Legal services $95.20
Processing payments and receipts $425.04
Tax administration services $161.92
Disbursement Paid for on behalf
Administration costs $66.78
GST $1,440.22
Total(including GST) $11,215.66
Pretty straightforward cash only estate although the additional services will likely relate to trying to locate my errant brother who was never going to talk to them anyway (public notice & then a PI).
Make your own call :(
Moe mai rā, Nicholas.
We're sad to announce the passing of Nicholas Boyack, our Hutt Valley reporter who has long written for The Dominion Post, The Hutt News and Upper Hutt Leader.
Poll: Should all neighbours have to contribute to improvements?
An Auckland court has ruled a woman doesn’t have to contribute towards the cost of fixing a driveway she shares with 10 neighbours.
When thinking about fences, driveways or tree felling, for example, do you think all neighbours should have to pay if the improvements directly benefit them?
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82.3% Yes
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15% No
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