2020-21

2019-20

Documents prepared

New Wills

192

270

Revised Wills

343

700

Total Wills

535

970

Enduring Powers of Attorney (new and revised)

29

163

Deceased estate administration

New estates

439

470

Completed estate matters

628

573

Estates currently under administration

925

1 011

Grants of probate and administration received for the period

347

349

Unclaimed money balances - finalised at 30 June, payment early next period

Number of unclaimed balances paid to DTF

68

52

Value of unclaimed balances paid to DTF

$0.4m

$1.3m

Annual taxation returns          

 

Taxation returns and other assessments completed

6 916

6 294

Personal estate administration

 

Total number of personal estates under administration(including SACAT orders, court  awards and Powers of Attorney)

4 749

4 621

Number of new customers under SACAT Orders

471

393

New court award customers

26

31

Total funds received from new court awards

$4.8m

$4.4m

New Power of Attorney customers

31

42

Number of in-person meetings with Personal Estates Branch customers

1 537

1 000

Court awarded funds under administration (includes court award customers and court award trusts)

$478.1m

$428.5m

Reduced fee threshold

$5 250

$5 150

% of customers under administration from whom no fees were collected

16.7%

19%

Trust activity

New trusts

83

134

Trust matters finalised

134

180

Trusts on hand at 30 June

1 156

1 206

Trusts for children under the care of the Minister  

Trusts for children under the care of the Minister for Child Protection on hand at 30 June

36

38

Completed trusts for children under the care of the Minister for Child Protection

12

5

Litigation guardian appointments

Number of next friend/litigation guardian matters on hand

112

94

New litigation guardian customers

43

36

Private administrators and private managers – review of financial statements

Private administrators appointed under the Guardianship and Administration Act 1993

1 984

1 684

Private managers appointed under the Aged and Infirm Persons’ Property Act 1940

185

177

Matters referred to SACAT for non-compliance

164

274

Information sessions for newly appointed administrators

11

10

Alternate executor administrations pursuant to a court order

646

492

Customer financial services activity    

 

Funds under administration (including superannuation)

$1 348.6m

$1 227.5m

New funds invested for the reporting period

$77.5m

$52.6m

Funds redeemed for the reporting period

$55.6m

$40.0m

Total Common Fund trades for the reporting period

$1 005.7m

$1 281.3m

Distributions to customers

$47.7m

$15.0m

Total number of payments made

435 081

432 264

Total value of payments made

$302.2m

$283.9m

Total customer funds receipted
value of pensions included

$389.8m
$92.1m

$325.2m
$86.9m

Total value of real estate properties held

$359.9m

$364.2m

Total value of managed customer assets

$1 809.3m

$1 667.1m