2023-24

2022-23

Documents prepared

New Wills

127

118

Revised Wills

231

191

Total Wills

358

309

Enduring Powers of Attorney (new and revised)

41

64

Deceased estate administration

New estates

456

510

Completed estate matters

552

603

Estates currently under administration

972

978

Grants of probate and administration received for the period

378

359

Unclaimed money balances - finalised at 30 June, payment early next period

Number of unclaimed balances paid to DTF

77

35

Value of unclaimed balances paid to DTF

$1.6m

$0.2m

Annual taxation returns          

 

Taxation returns and other assessments completed

6 884

6 883

Personal estate administration

 

Total number of personal estates under administration(including SACAT orders, court  awards and Powers of Attorney)

5 065

4 986

Number of new customers under SACAT Orders

502

455

New court award customers

36

43

Total funds received from new court awards

$8.6m

$5.4m

New Power of Attorney customers

19

12

Number of in-person meetings with Personal Estates Branch customers

2 681

2 589

Court awarded funds under administration (includes court award customers and court award trusts)

$467.8m

$445.5m

Reduced fee threshold

$6 000

$5 550

% of customers under administration from whom no fees were collected

16.7%

17.9%

Trust activity

New trusts

97

79

Trust matters finalised

108

157

Trusts on hand at 30 June

1 011

1 016

Trusts for children under the care of the Department for Child Protection

Trusts for children under the care of the Department for Child Protection on hand at 30 June

48

33

Completed trusts for children under the care of the Department for Child Protection

2

8

Litigation guardian appointments

Number of next friend/litigation guardian matters on hand

102

93

New litigation guardian customers

24

35

Private administrators and private managers – review of financial statements

Private administrators appointed under the Guardianship and Administration Act1993

2 571

2 326

Private managers appointed under the Aged and Infirm Persons’ Property Act 1940

197

197

Matters referred to SACAT for non-compliance

367

381

Information sessions for newly appointed administrators

12

7

Alternate executor administrations pursuant to a court order

907

849

Customer financial services activity    

 

Funds under administration (including superannuation)

$1 447.4m

$1 375.6m

New funds invested for the reporting period

$91.4m

$74.3m

Funds redeemed for the reporting period

$54.6m

$84.9m

Total Common Fund trades for the reporting period

$964.8m

$900.9m

Distributions to customers

$30.6m

$20.9m

Total number of payments made

509 423

476 574

Total value of payments made

$348.1m

$324.3m

Total customer funds receipted
value of pensions included

$408.7m

$107.4m

$414.7m

$98.1m

Total value of real estate properties held

$491.7m

$437.8m

Total value of managed customer assets

$2 023m

$1 898m