I need to know....

Anything!
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Re: I need to know....

Post by Lightning McQueen »

amber_fluid wrote:
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How dare you post pics of me without my consent!!
You’re prettier than I thought
I have a great surgeon.
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Re: I need to know....

Post by Lightning McQueen »

Brodlach wrote:No you, there’s not bike with a flowery basket in the picture
The basket wasn't floral for memory!
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Re: I need to know....

Post by another grub »

Have Israel started bombing Iran?
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Re: I need to know....

Post by locky801 »

another grub wrote:Have Israel started bombing Iran?
evidently
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Re: I need to know....

Post by tipper »

those people that speed, weave in and out of lanes, and tailgate on the way to work in the morning, what do they do for a living?

ive never in my life been that keen to get to work. maybe i should be doing whatever they do for a living?
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Re: I need to know....

Post by locky801 »

tipper wrote:those people that speed, weave in and out of lanes, and tailgate on the way to work in the morning, what do they do for a living?

ive never in my life been that keen to get to work. maybe i should be doing whatever they do for a living?
perhaps they are night shift workers on the way home ;)
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Re: I need to know....

Post by Lightning McQueen »

locky801 wrote:
tipper wrote:those people that speed, weave in and out of lanes, and tailgate on the way to work in the morning, what do they do for a living?

ive never in my life been that keen to get to work. maybe i should be doing whatever they do for a living?
perhaps they are night shift workers on the way home ;)
Or they are drunk or unlicenced and don't want to be on the road for as long.
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Re: I need to know....

Post by amber_fluid »

Any MTB riders on here?
In particular electric?
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Re: I need to know....

Post by Corona Man »

To the SA Footy Forum Brains Trust:-

Do funds held in a probate trust account subject to receiving interest (monthly) for the term the funds are held in trust?
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Re: I need to know....

Post by DOC »

Not sure what you mean. Perhaps a typo?
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Re: I need to know....

Post by Corona Man »

Corona Man wrote:To the SA Footy Forum Brains Trust:-

Are funds held in a probate trust account subject to receiving interest (monthly) for the term that the funds are held in trust?

Edited
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Re: I need to know....

Post by DOC »

If the question is can they earn interest, then the answer is yes providing that account attracts an interest payment.
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Re: I need to know....

Post by Corona Man »

DOC wrote:If the question is can they earn interest, then the answer is yes providing that account attracts an interest payment.
Thanks, so by that, if the Probate lawyer, or the executor of the trust were diligent, and acting in the best interest of the beneficaries, they would hold funds in a trust account that receives interest, yes?
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Re: I need to know....

Post by Jimmy_041 »

Nope - neither the solicitor or the client gets the interest

The interest funds a statutory fund (IIRC, the Legal Practitioners Fidelity Fund)
Last edited by Jimmy_041 on Fri Nov 08, 2024 2:41 pm, edited 1 time in total.
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Re: I need to know....

Post by Corona Man »

Jimmy_041 wrote:Nope - neither the solictor nor the client gets the interest

The interest funds a statutory fund (IIRC, the Legal Practitioners Fidelity Fund)

Thanks for that. I have had a chance to have a snoop around on the net, and found that you can elect to hold funds in trust, in an account that does attract interest.

https://curaelaw.com.au/blog/estate-adm ... t-account/

So, by this, neither the probate lawyer, nor the executor of the trust has acted in the best interests of the beneficiaries. Pox!
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Re: I need to know....

Post by Jimmy_041 »

Corona Man wrote:
Jimmy_041 wrote:Nope - neither the solictor nor the client gets the interest

The interest funds a statutory fund (IIRC, the Legal Practitioners Fidelity Fund)

Thanks for that. I have had a chance to have a snoop around on the net, and found that you can elect to hold funds in trust, in an account that does attract interest.

https://curaelaw.com.au/blog/estate-adm ... t-account/

So, by this, neither the probate lawyer, nor the executor of the trust has acted in the best interests of the beneficiaries. Pox!
Amazing what happens if you put an allegation like that in an e-mail to a solicitor................
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Re: I need to know....

Post by Corona Man »

Jimmy_041 wrote:
Corona Man wrote:
Jimmy_041 wrote:Nope - neither the solictor nor the client gets the interest

The interest funds a statutory fund (IIRC, the Legal Practitioners Fidelity Fund)

Thanks for that. I have had a chance to have a snoop around on the net, and found that you can elect to hold funds in trust, in an account that does attract interest.

https://curaelaw.com.au/blog/estate-adm ... t-account/

So, by this, neither the probate lawyer, nor the executor of the trust has acted in the best interests of the beneficiaries. Pox!
Amazing what happens if you put an allegation like that in an e-mail to a solicitor................
Sadly these guys are not the probate lawyer we have had. The executor chose some eff wit operator in Qld, who's neck I assume is an interesting shade of red.

I am now faced with the dilema (no win situation) of pointing out what could have been achieved, re boosted beneficary disbursements had the executor paid a little more attention.

I mean how ******* hard is it, to work out that around $500k would sit dormant in a trust account for 7 months, when with a fairly simple "smart" move it could have been working for us. My calc - we've missed out on around $9k in interest.

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Re: I need to know....

Post by Jimmy_041 »

Corona Man wrote:
Jimmy_041 wrote:
Corona Man wrote:
Jimmy_041 wrote:Nope - neither the solictor nor the client gets the interest

The interest funds a statutory fund (IIRC, the Legal Practitioners Fidelity Fund)

Thanks for that. I have had a chance to have a snoop around on the net, and found that you can elect to hold funds in trust, in an account that does attract interest.

https://curaelaw.com.au/blog/estate-adm ... t-account/

So, by this, neither the probate lawyer, nor the executor of the trust has acted in the best interests of the beneficiaries. Pox!
Amazing what happens if you put an allegation like that in an e-mail to a solicitor................
Sadly these guys are not the probate lawyer we have had. The executor chose some eff wit operator in Qld, who's neck I assume is an interesting shade of red.

I am now faced with the dilema (no win situation) of pointing out what could have been achieved, re boosted beneficary disbursements had the executor paid a little more attention.

I mean how ******* hard is it, to work out that around $500k would sit dormant in a trust account for 7 months, when with a fairly simple "smart" move it could have been working for us. My calc - we've missed out on around $9k in interest.

Flogs
You can still threaten to sue him as executor
They have defined legal responsibilities
Find a friendly solicitor to send him a letter
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Re: I need to know....

Post by mighty_tiger_79 »

Walking back from OzAsia yesterday popped into Casino.
First time in there for a very very long time....
Some parts they did a good job renovating and others are just appalling.
District set up looks OK, but certainly not amazing from what i had heard previously.

Is it just me that has that view?
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Re: I need to know....

Post by cracka »

mighty_tiger_79 wrote:Walking back from OzAsia yesterday popped into Casino.
First time in there for a very very long time....
Some parts they did a good job renovating and others are just appalling.
District set up looks OK, but certainly not amazing from what i had heard previously.

Is it just me that has that view?
I hadn't been there for about 25 years, went to a friend's sons 18th a couple of years ago & found there was no longer a 2 up ring. That was my favourite game.
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