Articles tagged with Beneficiaries
Government Raises Probate Threshold to $40,000 for Faster Asset Access | 2025 Update
5 days ago | 280 viewsThe Government has agreed to raise the probate threshold from $15,000 to $40,000 to make it easier and cheaper for families to access assets of deceased loved ones, according to Justice Minister Paul Goldsmith. The current threshold set in 2009 no longer reflects the value of estates, especially with KiwiSaver balances, leading to smaller estates being burdened by court costs and legal fees. The increase aims to allow executors to distribute lower-value assets more efficiently, ensuring more of the estate goes to beneficiaries, while still maintaining oversight through the High Court for higher value assets to prevent fraud or non-compliance with the deceased's wishes.
Tags: Government probate threshold assets deceased loved ones Justice Minister Paul Goldsmith KiwiSaver High Court legal fees beneficiariesGovernment Focuses on Jobseeker Beneficiaries in Employment Programs for Next Three Years
3 weeks ago | 204 viewsMinister Louise Upston highlights the Government's focus on jobseeker beneficiaries in upcoming employment programs. The Ministry of Social Development's updated strategy emphasizes the importance of prioritizing beneficiaries for job placements. Efforts include targeted support for young people to reduce long-term reliance on benefits and increase employment opportunities.
Tags: Jobseeker beneficiaries Government Employment programmes Minister Louise Upston Ministry of Social Development MSD Young people Frontline staff Employment case management New Zealand.