Once we’ve placed a hold on the deceased’s account(s) you’ll only be able to make withdrawals for funeral expenses (including headstones) and approved debts. These may include:
- Hospital or medical expenses accrued up to 6 months prior to the deceased’s passing
- Outstanding debts owed to Federal, State, Local Government, Semi- Government and Public utilities (e.g. telephone, electricity, rates, taxes, return of overpaid Centrelink & Veteran’s Affairs Pensions) accrued before the deceased’s passing
- Rates and Insurance premiums in the deceased’s name
- Partially paid shares
- Suncorp Bank Debts (e.g. Lending)
- Any fees for Probate costs when presented as an itemised invoice on a company letterhead. Unfortunately, we can’t pay for any legal fees incurred during this process
In some instances we will require written authorisation from the executor to pay these debts.
