When I mentioned probate, I was referring to the filing fee. At present in Victoria the fee is $2,471.10 for an estate worth between $1 million and $2 million. $2 million to $3 million it goes to $4,942.10, and $3 million to $5 million it is $7,396.40, and so on to a maximum of $17,297.50 for an estate of $7 million or more. My property is estimated to be worth about $1.2 million according to the Domain Real Estate website, so I have a bit of wiggle room before it goes up. If my $20 million Powerball ticket comes up a winner, I will split it between the three kids who can then cover all the bills and anything I want to buy.
As you know, I live with my elder son and daughter. He was just starting primary school grade 1 when we moved here, and my daughter came here in a bassinet 15 months later. She was registered carer for my mother-in-law, and later for my wife, who had a palliative care nurse drop in a couple of times a week. She is now recorded as my carer, although all she has to do is the cooking. No nursing homes so far. The house is split between the three of them in my will.