Devenish Lawyers act on behalf of executors or administrators in administering estates, obtaining grants of Probate and Letters of Administration in the Supreme Court of Victoria Probate Jurisdiction.
If the deceased had a Will and owns a property solely or as tenant in common, holds a refundable accommodation deposit (RAD) or has assets such as shares and investments worth more than $100,000, then Devenish Lawyers will act on behalf of the executors to obtain a Grant of Probate in the Supreme Court of Victoria so that the deceased’s assets may be redeemed, sold or transferred.
If the deceased dies without a valid Will then the next-of-kin or an appropriate person may apply for a grant of Letters of Administration in the Supreme Court of Victoria, to deal with the deceased’s assets.
This is called ‘dying intestate’. The Administration and Probate Act 1958 sets out a formula that stipulates the beneficiaries of the intestate Estate.