📜 Administration Amendment Bill 2018

Legislative Council Second ReadingLABill 7727 June 2018

This Bill amends the Administration Act 1903 to increase the statutory legacy amounts for surviving spouses/de facto partners and parents in cases of intestacy (dying without a will). It also introduces a formula for future adjustments to these amounts.

Impact

This bill affects individuals who die intestate in Western Australia and their surviving relatives, particularly spouses/de facto partners and parents. It ensures a more substantial initial inheritance for these relatives before other beneficiaries receive their share.

Key Changes

["Increases the partner's statutory legacy to $435,000 (if issue survive) and $650,000 (if no issue survive).", "Increases the parental statutory legacy to $52,000.", "Introduces a formula for future adjustments to statutory legacy amounts based on average weekly earnings.", "Specifies that the new statutory legacies apply to estates of persons who die intestate after the commencement of the amending Act."]