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Tweaking wills threshold to $50k long overdue: corporate lawyer

Current threshold of $15k outdated and needs to change, says Perpetual Guardian’s Henry Stokes.

Perpetual Guardian general counsel Henry Stokes speaks with Jonathan Mitchell.

The chorus is growing louder to raise the ‘conservative’ financial threshold required to apply to the High Court for probate or letters of administration once a person dies.

That threshold currently sits at $15,000 and was set in 2009, however, Perpetual Guardian’s general counsel Henry Stokes

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Jonathan Mitchell Fri, 12 May 2023
Contact the Writer: jmitchell@nbr.co.nz
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Tweaking wills threshold to $50k long overdue: corporate lawyer
General Business,
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