How long will the administration of the estate take?
There are a lot of factors involved in handling the administration of an estate, including document availability, 3rd party involvement, etc. Below is a guideline of how long it can take:
- Notice of estate and appointment of Executor – 1 to 10 weeks
- Preparatory work for compilation of liquidation and distribution account – 6 to 24 weeks
- Investigation of liquidation and distribution account by the Master of the High Court – 2 to 8 weeks
- Liquidation and distribution account for inspection – 4 weeks
- Finalisation of the estate (after inspection period and no objections lodged – 4 to 8 weeks
- Total time (of an average estate): 6 to 13 months
By entrusting the administration of your loved one’s estate to J. Bredenkamp Inc., we can avoid any delays and speed up the process, leaving you with the time you need to mourn the loss of your beloved.
What types of marital regimes are there in South African law?
There are basically 3 marriage regimes available in South African Law:
- In community of property
- Out of community of property, with accrual
- Out of community of property, without accrual