Hi there
My Dad died - he had a valid Will naming me as the executor and my sister if I was unwilling/unable.
At the time of death he was on an Aged Pension, less than $3k in his bank, no superfunds, or other income. His Will asks for his estate to be divided between his 5 adult daughters.
He previously had a car and a caravan, however these were transferred into my name prior to his death.
Am I right in assuming then, that his estate would only be the $ in his bank account?
I dont plan on applying for probate as his estate should be relatively simple - but I'm worried about what happens if a debt owing is uncovered after doing his date of death return etc.
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1,078 views
1 replies