What are letters of administration?

|

Letters of AdministrationIf a person dies with more than $15,000 assets in his or her name, but does not have a will (also known as dying intestate), or if he or she left a will but it can not be proven to the High Court (for instance if the named executor has died), then it will be necessary to apply for Letters of Administration.  In this case the High Court appoints the administrators and the Letters of Administration document states that they have the authority to administer the estate, meaning that they can bring in the assets and pay the debts of the estate.
If you have any questions regarding Letters of Administration, or wish to seek advice regarding administering a deceased estate, please contact our Estates AdministatorMimi Lewell by phone on 837 6831 or email mimi.lewell@smithpartners.co.nz 

Latest News
Smith-and-Partners-Square-Logo.jpg
Your Company Has Been Liquidated – What Can You Do?
10/05/2019
If your company has been put into liquidation, what can you do? There are still options available to help you get......
Read more >>
Peter-Smiththumb.jpg
Is A Grand Trust Right For You?
03/05/2019
A grand trust is a variation of a traditional discretionary family trust that provides extra peace of mind for settlors who wish......
Read more >>