Sentences with phrase «deceased estate»
The phrase "deceased estate" refers to the belongings, property, and assets that a person leaves behind after they have passed away. It includes everything that belonged to the person who died. Full definition
These ranged from maintenance claims, bail applications, domestic violence, deceased estates disputes, property rights disputes to peace orders.
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Government agency or business that provides professional and independent services such as making wills, acting as an executor in deceased estates, managing trusts and Powers of Attorney.
State governments hold unclaimed money from deceased estates, share dividends, salaries and wages, cheques, trust money, over-payments and proceeds of sale, to name a few.
There are special rules for some types of trust including family trusts, deceased estates and super funds.
There are specific rules for some types of trusts, including unit trusts, managed investment trusts, family estates, deceased estates, super funds, charitable trusts and special disability trusts.
A deceased estate is technically not a trust while it is being administered, but is treated as a trust for tax purposes, with the executor or administrator of the estate taken to be the trustee.
If you're the trustee of a deceased estate, the estate pays tax on behalf of the beneficiaries of the super.
This is because only assets that are owned by the deceased estate owner are deemed part of the estate tax calculation at time of death.
make a payment to the deceased's legal personal representative (executor of the deceased estate) for distribution according to the instructions in the deceased's will.
In some cases you may also need to apply to court to have an administrator appointed to deal with the deceased estate property.
Interest is added to the loan and does not have to be repaid until the house is sold, usually as part of a deceased estate.
Our Deceased Estates Policy outlines the steps and procedures that we take for the release of funds after the death of a trading account holder.
A dependent beneficiary of a deceased estate could request an anti-detriment payment be paid as part of a super death benefit payout.
A superannuation death benefit is a payment you make to a dependent beneficiary or to the trustee of a deceased estate after the member has died.
A superannuation death benefit is a payment you make to a person or to a trustee of a deceased estate after the member had died.
The deceased estate's claim was met by the Swiss National Guarantee Fund (Swiss NGF) for $ 285,980.54.
I recall a wrongful death mediation where I was co-counsel for the administrator of the deceased estate.
This is because only assets that are owned by the deceased estate owner are deemed part of the estate tax calculation at time of death.
money that has been inherited has already been assessed for inheritance tax based on the amount left in the deceased estate.
The sale of a property out of a deceased estate is however more complex, says Laurence van Blerck of Knight Frank Residential SA.
Ideally the deceased would have made a will and appointed a professional, such as the family attorney, to be the executor of the deceased estate.
The extra requirements of a sale out of a deceased estate inevitably mean that there will be additional delays, both in concluding the sale agreement and taking transfer at the Deeds Office.
The executor has the task of winding up the estate of the deceased and is the only person who has authority to sign on behalf of a deceased estate.
«This «right» is paid for with a capital investment and on relocation or death the unit is ceded back to the development, usually for the initial invested price, and this payment becomes part of the deceased estate.
How do you know that the deceased estate contains real property?