New Zealand Case Law: Decisions & Judgments | LexChat

New Zealand Case Law

Reimbursement of estate expenses
  • 28 Jun 2016

    KEELAN v KEELAN [2016] NZHC 1445

    Citation
    [2016] NZHC 1445
    Court
    High Court

    Because the administrator has outstanding estate liabilities (notably reimbursement of approximately $15,000 in rates she paid and the costs of the proceeding) and Kupuaroa is currently the only asset available to meet those liabilities, the administration of the estate is not complete; therefore the residuary beneficiary (applicant) has no caveatable interest and the application to sustain the caveat must be dismissed (with a time-limited opportunity to reach agreement).