Along with the completed form, please bring the following documents with you:
If you are an executor of the Will:
If you are an administrator of the Estate, or if there is no Will:
Once we have assessed the documentation for the deceased Estate, we will notify you in writing with details of what you will need to do to settle the Estate. If you have not obtained Probate or Administration, then we will need the original or certified copy of the Probate/Letters of Administration before we can make payment of the balance in the deceased’s bank accounts to you. Please read further.
On occasions, we may request that you complete additional forms in order to assist us with finalising an Estate. These will be sent to you if we need you to complete them.
Bank Cheque: AUD8.00
Telegraphic Transfer: AUD25.00
**Where is states by an “Australian Court” , Probate (inclusive of Re-Seal)/Letters of Administration is provided in the Australian Court of the State where the Assets/Liabilities are held** For example, if you hold a term deposit at our Sydney Town Hall branch then the Supreme Court of New South Wales would need to e-seal the Probate
**Where is states by an “Australian Court” , Letters of Administration (including Re-seal) is provided in the Australian Court of the State where the Assets/Liabilities are held** For example, if you hold a term deposit at our Sydney Town Hall branch then the Supreme Court of New South Wales would need to e-seal the Probate
Administrator - Person/s appointed by the court to manage a deceased person’s Estate where there is no Will.
Beneficiary - Someone who receives or shares in the proceeds from a deceased person’s Estate.
Death certificate - An official document issued by the Registry of Births, Deaths and Marriages containing the information registered when someone passes away, including the date, place and cause of death.
Deceased estate - Property and assets of someone who has passed away.
Executor - Person/s named in a Will who take charge of the deceased’s assets and property, ensuring all expenses (funeral costs, debts or any outstanding invoices) are paid and distributing the remaining assets to the beneficiaries in accordance with the Will.
Grant of Probate - A document issued by the Supreme Court that confirms the validity of a Will, and authorises the executor/s to act.
Intestate - The scenario wherein an individual has passed away without leaving a valid Will.
Letters of Administration - Letters of Administration are documents granted by the Supreme Court, giving authority to an administrator to collect and distribute the assets of the Estate, in the absence of a valid Will.
Power of Attorney - A formal document wherein a person, known as the principal or donor, gives someone else the legal authority to look after their financial affairs on their behalf. However, this authority ceases upon the death of the principal/donor.
Testate - The scenario wherein an individual has passed away, leaving a valid Will.
Will - A legal document in which a person specifies how they wish their Estate to be distributed after their passing.