A deceased estate is made up of all the assets and liabilities you leave behind at death. Administering a deceased estate involves distributing assets to your beneficiaries after all debts have been settled. This process is regulated by law and is overseen by the Master of the High Court
We can assist you in administering a deceased estate by:
Meeting with family members and beneficiaries to collect the necessary documents
Submitting all necessary documents to the Master of the High Court
Determining claims against or in favour of the estate
Determining the value of the assets in the estate
Completing and submitting an income tax return
Making sure that all debts are paid and assets are distributed
Executor's fees are set by regulation
The administration of a deceased estate is a specialized field. We will help you with all your administrative requirements so that the estate can be wound up as quickly and easily as possible.
A last Will and Testament is a legal document that details how your estate should be divided when you pass away
It sets out:
Who will be in charge of your estate as executor, to carry out its distribution
The responsibilities and powers your executor will have
Who will inherit what property
How your property will ultimately be transferred to your beneficiaries
If you have minor children | who will serve as their guardian until they become adults
Making sure that all debts are paid and assets are distributed