Question
of the week
Question of the week

Curious. Interesting. Informative.

22 November 2019

A fine state of affairs

Wills, Powers, Estates & Family Provision Claims
New South Wales

Asked

Probate application - Assets held outside of New South Wales​

Does the gross value of the estate disclosed in the New South Wales​ probate application include assets held outside the state​?

Answered

Thank you for the question.

The value of assets held outside of New South Wales is not used to calculate the gross value of the estate. The inventory of property must disclose any New South Wales assets of the deceased. Assets located outside of New South Wales may be noted but they must be clearly identified by including them under a distinct heading.

The court filing fee is determined based on the gross value of the New South Wales assets only.

Regards

Mentor