
KiwiSaver
Lawyer petitions for probate tweak on KiwiSaver funds

Monday 24th of April 2023
When a person dies with $15,000 or more in their KiwiSaver fund, executors have to apply to the High Court for probate (of a valid will) or letters of administration (if there is no will or executor) before then can uplift the funds from any financial institution.
Kiwilaw partner Cheryl Simes says the current probate/letters of administration threshold of $15,000 is too low and ex...
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