When can the Public Trustee administer on a bona vacantia estate?
For an estate that is ≤ $50,000, the Public Trustee will be able to administer if:
a) There is no pending applications for Letter of Administration or Grant of Probate;
b) The estate does not exceed $50,000 in value;
c) The estate does not have any outstanding debts or liabilities;
d) The deceased does not own a commercial vehicle or a vehicle with an outstanding loan;
e) The deceased does not hold a Trust bank account with a minor;
f) The deceased does not own an insurance policy that falls under S73 of the Conveyancing and Law of Property Act 1886;
g) The deceased does not have shares or other interests in unlisted companies (Foreign or Local);
h) There are no conflicting claims to the estate or disputes among beneficiaries;
i) The deceased is not a partner, sole proprietor or had interests in firms or other business;
j) The deceased is not the sole lessee (owner) of a HDB flat and there are no minor interests; and
k) There are no pending law suits which involve the deceased.