2021-22

2020-21

Documents prepared

New Wills

162

192

Revised Wills

316

343

Total Wills

478

535

Enduring Powers of Attorney (new and revised)

45

29

Deceased estate administration

New estates

465

439

Completed estate matters

593

628

Estates currently under administration

907

925

Grants of probate and administration received for the period

368

347

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

Number of unclaimed balances paid to DTF

26

68

Value of unclaimed balances paid to DTF

$0.7m

$0.4m

Annual taxation returns          

 

Taxation returns and other assessments completed

7 072

6 916

Personal estate administration

 

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

4 847

4 749

Number of new customers under SACAT Orders

413

471

New court award customers

33

26

Total funds received from new court awards

$5.6m

$4.8m

New Power of Attorney customers

18

31

Number of in-person meetings with Personal Estates Branch customers

1 914

1 537

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

$452.2m

$478.1m

Reduced fee threshold

$5 300

$5 250

% of customers under administration from whom no fees were collected

20.8%

16.7%

Trust activity

New trusts

72

83

Trust matters finalised

149

134

Trusts on hand at 30 June

1 082

1 156

Trusts for children under the care of the Department for Child Protection

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

25

36

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

13

12

Litigation guardian appointments

Number of next friend/litigation guardian matters on hand

111

112

New litigation guardian customers

25

43

Private administrators and private managers – review of financial statements

Private administrators appointed under the Guardianship and Administration Act 1993

2 127

1 984

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

193

185

Matters referred to SACAT for non-compliance

312

164

Information sessions for newly appointed administrators

3

11

Alternate executor administrations pursuant to a court order

808

646

Customer financial services activity    

 

Funds under administration (including superannuation)

$1 292.2m

$1 348.6m

New funds invested for the reporting period

$116.9m

$77.5m

Funds redeemed for the reporting period

$91.3m

$55.6m

Total Common Fund trades for the reporting period

$915.9m

$1 005.7m

Distributions to customers

$30.2m

$47.7m

Total number of payments made

453 688

435 081

Total value of payments made

$391.7m

$302.2m

Total customer funds receipted
value of pensions included

$478.5m

$90.6m

$389.8m

$92.1m

Total value of real estate properties held

$405.9m

$359.9m

Total value of managed customer assets

$1 779.6m

$1 809.3m