15/10/2026
If an estate is insolvent, there may appear to be little benefit in administering it. However, there can still be good reasons to proceed, including properly finalising the deceased’s affairs and dealing with outstanding liabilities.
When an estate appears to have more debts than assets, it’s understandable to wonder why anyone would take on the task of administering it. While finalising the deceased’s affairs is an important reason, there are also several benefits to doing so.