by Casperam  08/01/2019  217 Page Views
3 Comments  Wills, probate, letters of administration, powers of attorney
Hi all

I am currently trying to do my fathers probate and trying to compile assets and liabilities.

The big question is he lived in an over 55's lifestyle village which had him owning a lease on the property rather than the property itself. Should the value be listed under Real Estate or Personal estate and then, in turn, should the value entered be the expected sale price hence value or the monies expected after settlement and deferred management fees and costs are taken out?
Items held overseas. Should the values entered be in AU$ or in the currency where held?

Now the statement should be at the date of death.
Therefore should I include any utility bills and council rates that were due or have since become due?

Tax return. I am trying to get a final tax return completed should the outcome of this be included under a liability as I would think that there may be some TAX payable

Thanks in advance