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The probate threshold is increasing

With effect from 24 September 2025 the probate threshold will increase from $15,000 to $40,000. As noted by the Hon Paul Goldsmith: “The threshold was last set in 2009 before the implementation of KiwiSaver. Most estates now include KiwiSaver balances well over $15,000, but still have to go through the High Court process. This results … Continue reading

Equitable set-off

Mirkin v Frame  relates to a summary judgment application by executors of an estate against trustees of a family trust to recover the deceased beneficiary’s current account.  The background of the matter is set out at [12] by Associate Judge Paulsen as follows: The court held that the executors were entitled to summary judgment in … Continue reading

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