An exclusive estate administration package valued at $10,000

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The average cost of estate administration in NZ sits between $10-12k. Whether you have a little, or a lot, there are a number of legal steps that need to be taken, admin to be sorted, people to find, accounts to be closed and so on. Without a doubt estate distribution (which is making sure those who you want to get your Deadly Ponies handbag, or autographed Richie McCaw rugby jumper actually get it) can be one of the most costly and time consuming aspects of estate planning. Your Footprint membership is unique in providing an exclusive estate administration package with our sister company Perpetual Guardian.

The person responsible for administering your estate is called an executor. Their job is to follow your Will instructions and sort out all the estate administration. Your executor is personally liable for any mistake they make given it negatively impacts any beneficiaries provided in your Will - in certain circumstances the executor may have to pay out of their own pocket for mistakes they have made. When it comes to estate administration it’s important your executor knows what they’re doing, or they have access to professionals that can help them in their duties. This is another reason why we’ve included estate administration services or executor support in your Footprint membership.

Our estate administration partners Perpetual Guardian are experts in their field. They have been around for over 130 years, so you can be sure they know what they’re doing.

 

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Benefits

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Research

What's a Will?

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