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Recorded Webinars

Recorded Webinar: When the Cupboard is Bare: Administration of Insolvent Estates

In difficult economic times it is not unusual for the deceased to have accumulated more liabilities than assets during his or her lifetime. This situation brings up particular challenges in the administration of a will and stress for any family or creditors remaining. This session
PRESENTED BY David Topp Barrister - Bank of New South Wales Chambers , Brisbane

Date/Time

About the Webinar

In difficult economic times it is not unusual for the deceased to have accumulated more liabilities than assets during his or her lifetime. This situation brings up particular challenges in the administration of a will and stress for any family or creditors remaining. This session provides a deep dive into management of such estates, including:

  • Distinguishing bankruptcy and insolvency and key challenges for the estate
  • What are the obligations of the executor?
  • Cost and other issues for administrators and advisers
  • When is it appropriate to apply for bankruptcy?
  • Who is liable for the deceased’s remaining debts?
  • Rules for accessing non - estate assets including insurance proceeds and superannuation
  • Asset protection advice for insolvent clients
  • Recent cases

Presented By

David Topp
Barrister, Bank of New South Wales Chambers Brisbane, QLD

David Topp was admitted as a Solicitor of the Supreme Court of Queensland in January 2002, then during February 2006 began a generalist practice at the Queensland Bar before gradually transforming over the years into a full time wills, estates & family provision litigation specialist.

David also possesses a sideline practice interest in costs assessing, including being named on the Supreme Court of Qld’s Register of Approved Cost Assessors.

In addition David is a published author (Tennyson Breach on the twin themes of property law and the 2011 Brisbane floods); and two separate legal texts, Security for Costs in the State of Queensland and Security for Costs in New South Wales.

In 2015 David wrote a political article analysing the seat pendency risk facing then Qld Premier Campbell Newman. Entitled ‘Losing Campbell Newman: The LNP’s risky Ashgrove Strategy’, David’s assessment was prophetic, as not only did Newman lose his seat, his LNP has never won that seat, now named Cooper, ever since, nor has ever been returned to government in Qld either.

Who Should Attend?

This webinar is suitable for succession lawyers – Australia wide. This webinar is for practitioners with some knowledge in this area and looking to improve their knowledge.

CPD Information

Lawyers can claim up to 1 CPD unit/point – substantive law . This webinar has been designed to run for 1 hour, however, webinar lengths can vary depending on the level of questions and discussion. WA lawyers – Please note that TEN is unable to verify your completion of recorded webinars to the Legal Practice Board of WA. TEN is an accredited provider.

Enquiries/Assistance

If you need assistance or have an enquiry, please do not hesitate to contact our Webinar Coordinator, Lisa Tran on (03) 8601 7709 or email: [email protected]

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