Deceased estates have a number of issues that require careful consideration. Provision for dependents, cessation of partnerships, capital gains tax, employment termination payments and superannuation entitlements are some of the many issues that need to be taken into account.
If you have been appointed as executor or administrator of an estate it can be a daunting process but there is help available to assist you through the process.
As a starting point the Australian Taxation Office provides information for some of the key areas at:
Please contact Andrew Marshall or Janine Orpwood at Langley McKimmie Chartered Accountants on (03) 5427 8100 to discuss further.