Season 3 Ep. 27 Do You Need Probate?
One of the most common questions executors ask after someone passes away is, "Do I need probate?" The answer depends on the assets in the estate, how they're owned, and the requirements of the organisations holding those assets.
In this episode, Lidia Vicca explains what probate and letters of administration are, how they differ, when probate is required in Queensland, and the situations where it may not be necessary. She also discusses why Queensland's probate process differs from other Australian states and the factors that determine whether an application needs to be made.
Common Questions Answered in This Episode
Do I need probate in Queensland?
What is probate?
What are letters of administration?
What is the difference between probate and letters of administration?
When is probate required?
Do I need probate to access a deceased person's bank account?
Do I need probate to deal with shares or superannuation?
Can property be transferred without probate?
What happens if someone dies without a will?
How long does it take to obtain probate in Queensland?
Does someone owe you money? Your first step is demanding repayment! Download our FREE letter of demand template developed over 15 years of disputes practice: https://lidia-vicca.mykajabi.com/letter-of-demand
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