Alf Macolino of Lynch Meyer (solicitors in SA) reports a significant increase in queries
about paying distributions to executors or administrators of deceased estates, without
obtaining a Grant of Probate or Letter of Administration. He advises you must insist on
one of these two proofs of authority. If you pay out incorrectly you would be required to
pay it out again to the correct estate.
Exclusive: Aveo to sell off its retirement villages in South Australia and Tasmania
Tony Randello, CEO of the nation’s leading retirement village provider, said the impending sale of its 16 retirement villages in South Australia and Tasmania “aligns with Aveo’s regular strategic review of opportunities across its portfolio”. The...