2024-25

2023-24

Documents prepared

New Wills

130

127

Revised Wills

240

231

Total Wills

370

358

Enduring Powers of Attorney (new and revised)

30

41

Deceased estate administration

New estates

461

456

Completed estate matters

455

552

Estates currently under administration

947

972

Grants of probate and administration received for the period

313

378

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

Number of unclaimed balances paid to DTF

82

77

Value of unclaimed balances paid to DTF

$1.5m

$1.6m

Annual taxation returns          

 

Taxation returns and other assessments completed

6 309

6 884

Personal estate administration

 

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

5 387

5 065

Number of new customers under SACAT Orders

572

502

New court award customers

29

36

Total funds received from new court awards

$2.3m

$8.6m

New Power of Attorney customers

11

19

Number of in-person meetings with Personal Estates Branch customers

2 771

2 681

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

$490.7m

$467.8m

Reduced fee threshold

$6 250

$6 000

% of customers under administration from whom no fees were collected

*9.1%

16.7%

Trust activity

New trusts

100

97

Trust matters finalised

78

108

Trusts on hand at 30 June

1 035

1 011

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

41

48

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

7

2

Litigation guardian appointments

Number of next friend/litigation guardian matters on hand

88

102

New litigation guardian customers

40

24

Private administrators and private managers – review of financial statements

Private administrators appointed under the Guardianship and Administration Act 1993

2 787

2 571

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

198

197

Matters referred to SACAT for non-compliance

503

367

Information sessions for newly appointed administrators

12

12

Alternate executor administrations pursuant to a court order

952

907

Customer financial services activity    

 

Funds under administration (including superannuation)

$1 578.8m

$1 447.4m

New funds invested for the reporting period

$67.9m

$91.4m

Funds redeemed for the reporting period

$56.1m

$54.6m

Total Common Fund trades for the reporting period

$1 193.3m

$964.8m

Distributions to customers

$43.1m

$30.6m

Total number of payments made

502 265

509 423

Total value of payments made

$323.6m

$348.1m

Total customer funds receipted
value of pensions included

$374.2m

$121.1m

$408.7m

$107.4m

Total value of real estate properties held

$572.7m

$491.7m

Total value of managed customer assets

$2 245m

$2 023m