Do All Estates Need to Go through The Process of Probate?
One of the most important activities an executor of any estate can undertake is attaining a Grant of Probate smoothly from the Supreme Court. It is, however, not only time-intensive, but it may also be a pricey activity.
The estate can normally anticipate losing a certain amount of money by the time advertising fees, solicitor fees, and also Supreme Court filing fees, etc. are paid.
When dealing with any deceased estate, however, it is not always required to petition for such a Grant of Probate. As a result, it is critical to evaluate the entire assets and liabilities with your lawyer to determine whether it is necessary.
Australian probate laws may not be as easy and simple that any executor without any legal knowledge can handle the entire task without involving any probate lawy...