Property

Top 8 Forgotten Assets When You Die In Your 30’s

If you are tasked with being the Executor or Administrator of the estate of a lost loved one who left this world too soon, you know that whilst still grieving you must act in an administrative role to close out their affairs. After organising the funeral, the next step is to ascertain the lost loved one’s assets and liabilities.

Typical assets and liabilities may include, for example:

  • real estate
  • mortgages
  • cars
  • personal loans
  • cash
  • bank accounts
  • credit cards
  • furniture and household appliances
  • jewellery
  • shares and other investments
  • business holdings
  • insurance policies
  • superannuation

Determining the Liabilities ...

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Case Study: Financial Asset Valuations vs CAPEX Renewals Modelling

The Problem

Since the introduction of IPWEA’s Practice Note 3 for buildings, government bodies have increasingly been attempting to pair financial asset valuations with asset management renewals modelling to save consulting costs. However, whilst high-level replacement modelling can be conducted from the financial asset valuation, additional costs are associated when renewing asset components due to variable service level expectations, lowered quantities of scale, restricted access to components, and costs associated with removal and disposal of failed components.

Because of ...

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