by Miss  12/11/2019  0 Page Views
2 Comments  Wills, probate, letters of administration, powers of attorney

My husband passed away last year. there was no will. march this year i became an administator of his estate just so i could transfer his business over to his family, soon after that i got a death benefit from his super. recently i got told that because i got a letter of administration before the payout i legally need to create a trust account for our son where 75% of the payout has to go until he turns 18. can someone please clarify on this one? thank you.