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Key decisions

  • Re Managed Estates Remuneration Report [2016] NSWSC 1416
  • Kohari v NSW Trustee & Guardian [2016] NSWSC 1372

Costs of financial management

With the incursion of private for profit managers seeking financial management orders, Justice Lindsay has issued reports in 2014, 2015 and 2016 as to the remuneration of such managers in protected estates. The most recent report is Re Managed Estates Remuneration Report [2016] NSWSC 1416. The current report restates the applicable principles in these instances and is an accounting to the Court of instances where remuneration to a private manager has been allowed in what is otherwise a gratuitous exercise. ‘The current Report is published for the information of the public, together with an invitation to all persons interested in the due management of protected estates to endeavour to work constructively with the office of the NSW Trustee’ (at [11]).

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