Deceased Estate Administration - Complete Overview
✓ Avoid missing crucial tasks
✓ Learn about all the steps
✓ Find out your approach
Last updated: August 2023
What Does Deceased Estate Administration Involve?
Deceased Estate Administration comprises a complex set of tasks the designated Executor (or Administrator) must fulfill. Upon the Testator’s death, you’ll be responsible for identifying assets, paying off debts and taxes, and distributing the remaining assets to the Beneficiaries according to the Will or the laws of intestacy.
As a practical and legal process, Deceased Estate Administration requires meticulous attention to detail, patience, dedication, honesty, and adherence to the law.
Deceased Estate – Meaning
What is the meaning of ‘Deceased Estate’?
Simply put, a Deceased Estate encompasses all the collective assets and liabilities left by an individual after death, including properties, investments, debts, and more. During the administration of the Estate, these are subjected to a legal process for distribution among the heirs or Beneficiaries.
States We Operate In
simplyEstate’s goal is to provide the information and guidance you need to proceed confidently as an Executor or Administrator, and to simplify the myriad tasks that can sometimes become overwhelming. We have been assisting Executors (and Administrators) in administering Deceased Estates in New South Wales, Victoria, Western Australia and Queensland.
What Our Users Say
“Losing a loved one is emotionally very difficult. Being faced shortly after with another difficult task as Executor can be overwhelming, especially if the estate is complex. Having the simplyEstate guidelines at hand made the task much easier to navigate with confidence and accuracy.”
“By far the most comprehensive guide to navigating the Steps that need to be taken after the loss of a Loved one. You won’t find this information anywhere, even on Government websites which is where it should be.”
“This online guide and the affordable tools were invaluable. They really helped me understand what needed to be done. They gave me the confidence to act as Joint Executor. The Beneficiaries were given a clear overview of my late mother’s estate value. I found using the assets and liabilities spreadsheet easy and intuitive.”
Deceased Estate Administration Overview
The Executor or Administrator is responsible for the Deceased Estate Administration process, which involves over 200 tasks and decisions. Use our online and downloadable Executor Guides, Checklists and Tools to finalise and distribute the Deceased Estate with less effort. Our guide contains step-by-step instructions for a seamless Estate Administration process—something you won’t find on any other website in Australia.
How to Administer a Deceased Estate
You may not have a checklist on what to do after a death occurs or know the answer to the question: How long does it take to finalise a Deceased Estate? But we’re here to help. At simplyEstate, we’ve made it our mission to make the Deceased Estate administration process as simple, affordable and accessible as possible.
A Deceased Estate can be dealt with in many ways. Depending on your situation and preference, you can choose from one of the following approaches that best suits you.
What is Your Approach?
*The cost and time savings for Executors or Administrators to administer a Deceased Estate are indicative only and vary depending on the size and complexity of each Deceased Estate including but not limited to the number of Beneficiaries, asset structure, number of property and family structure. The times assume a simple Estate and exclude legal disputes and litigation.
Executor Guidance & Support
Free to $589
simplyEstate’s Executor Checklists & Tools guide and prompt you while working through the Estate administration. Review all and only pay for the ones you need.
How Our Administration Guide Works
The online Deceased Estate Administration Guide allows you to work through the deceased estate administration process in a structured way, in your own time and at your chosen pace.
You have full control and decide at each step how much you want to do yourself, how much support you may want from us or from one of our carefully selected Trusted Partners across Australia, near you.