If you are an executor or next of kin, you have a responsibility to gather information about the assets and debts of the deceased.
The process you will need to follow depends on whether or not the deceased had a will.
If you are an executor in the deceased's will, you have certain duties to protect the estate. The most important duties of the executor include:
For more information, see Applying for probate.
If you are a beneficiary under a will, next of kin or relative of the deceased and the executor is unable or unwilling to apply for probate, you should get legal advice or contact the NSW Trustee & Guardian.
If you are a next of kin, relative or close friend of the deceased, you may apply to the Supreme Court of NSW for letters of administration to distribute the deceased's estate where:
For more information, see Applying for letters of administration.
Sometimes a grant of Probate or Letters of Administration may not be needed. For example, a grant is usually not needed where:
the estate includes only real estate owned as 'joint tenants' and jointly owned personal property, or
none of the asset-holders (for example, the bank where the deceased held an account) require a grant to transfer the asset to a beneficiary or to sell it
there is money in the superannuation fund.
In circumstances where the value of the estate is small and only includes personal property, such as clothing, furniture and jewellery, a grant may not be needed.
If the deceased left money in their superannuation fund, you don’t need to apply for a grant of Probate or Letters of Administration. You should contact the superannuation fund. For more information, see Superannuation on What are assets and debts?
If Probate or Administration is not needed, the next of kin can distribute the estate after dealing with the deceased's debts. For more information see, Distributing the estate.
If the deceased person owned property in their own name, or as tenants in common with another person, or has substantial amount of money in their bank account, it is important to apply for a grant of Probate or Letters of Administration at the Supreme Court of NSW.
If you are an executor named in the will, you can Apply for Probate.
If you don’t want to act as the executor, you can complete and file a Renunciation of Probate form with the Supreme Court. For more information, see Step by step guide - Renunciation of Probate.
The next of kin can apply for Letters of Administration if:
Share with
Facebook
Twitter
LinkedIn