Death Taxes?

Death Taxes? We have been lucky in Australia that there has not been any probate duty for decades, and that inheritance from a deceased estate is not taxed as income. Luckier still, in Victoria, we have had one of the lowest costs on probate in Australia – in other States, probate fees are based on […]

Death and Taxes: the Basics

Death and Taxes: the Basics by Jacqui Brauman I often get asked if “probate still exists”. Yes, probate still exists, but probate is not a tax. Essentially, a grant of probate is the authorisation an executor gets from the Supreme Court once a Will has been proved and allows an executor to deal with estate […]