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When selling property from a deceased estate in South Africa, the process is more complex than a regular property sale. It involves strict legal procedures to protect the estate and ensure fair distribution to beneficiaries. Here’s a quick breakdown of what you need to know: Executor Appointment: Only the appointed executor, authorised by the Master...
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To you, the reader, your family, network and community at large – there is still time to appoint a personal, trusted Executor, someone who knows you and acts with care, instead of leaving your heirs to deal with a call centre or rotating service desk for years to come. We have written an open letter...
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Five Ways to Simplify the Winding Up of an Estate in South Africa Winding up an estate in South Africa can be a lengthy and complicated process, often causing unnecessary stress for loved ones left behind. However, with proper planning, you can simplify the process and ensure that your estate is handled efficiently. Here are...
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Splitting Assets Fairly: How to Avoid Family Disputes Dividing an estate can be a challenging and emotional process, and if not handled properly, it can lead to serious family disputes. To ensure a smooth transition and minimize conflict, here are some key strategies to consider when planning your estate.  1. Discuss Your Will with Your...
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5 Questions to Ask Yourself Before Choosing an Executor Choosing the right executor is one of the most important decisions you can make when planning your estate. Your executor will be responsible for handling your affairs after you pass away, so it’s crucial to ensure they are competent, experienced, and accessible. Here are five key...
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What happens to short-term insurance debit orders after a loved one has passed away? Managing Short-Term Insurance After a Loved One Passes AwayLosing a loved one is an emotionally difficult time, and dealing with financial and legal matters can feel overwhelming. One critical aspect that needs immediate attention is short-term insurance, which covers assets like...
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What is a Redistribution Agreement When Winding Up an Estate? When winding up a deceased estate, the division of assets among heirs can sometimes be complex, especially when the estate includes a mix assets. A redistribution agreement is a legal tool that allows heirs to allocate assets in a manner that suits all parties, ensuring...
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What are the valid deductions that can be made before estate tax is payable? There are various valid deductions before estate tax is payable. The list below is not exhaustive and include the following: his or her medical and funeral expenses the cost of completion of the estate (for example executor and Master’s fees) outstanding...
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How does a person that can’t write or a very ill testator draw up a will? Where a testator is illiterate and cannot sign, or is to ill to do so (he may be unable to write, but able to speak, for example), the law requires that he either sign the will by making a...
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Who Should Draft My Will? Who should draft my will? Very often people draft their own wills, get a free will from the internet or from a big company. There is no such thing as a free will. If your will is drafted by you or someone that does not have the requisite knowledge then...
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