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Deceased Estate Administration

The saddest thing about death is when we fail to look after those who live. Reach out to us for professional service to compassionately protect the interests of your loved ones.

If you already have a will, the chances are that you have unwittingly appointed a financial institution to be the executor. If so, your will has condemned your loved ones to years of dealing with a call center. Only the testator (you) can rectify this. After they (you) are gone, the heirs are trapped. Losing a loved one is extremely traumatic. You need someone professional and compassionate to administer your estate.

You should appoint a professional and understanding person, not an indifferent large institution. Your loved ones are not just a cog in a machine, nor another brick in a wall. Instead of having to wait ages to deal with a different person in the call center every time, you want your loved ones to always be able to speak to a professional.

When someone you love becomes a memory, that memory becomes a treasure. The loss of a loved one is a traumatic and emotional experience.

During this time, you need an empathetic partner that will help you deal with the lengthy and complex process of winding up your loved one’s estate. You need a skilled professional with the expertise to complete the administration of the deceased’s estate in a quick and compassionate manner. Executor Law – J. Bredenkamp Inc will help you deal with all the legal and financial consequences within the complexity of a deceased estate that you need taken care of.

We have extensive experience in the following areas:

  • Appointment of the Executor
  • Reporting to the Master of the High Court
  • Preparation of the liquidation and distribution account of the estate
  • Conforming with the requirements of SARS
  • Application for various endorsements
  • Notices and advertisements
  • Estate duty
  • Correspondence between the Master of the High Court, the Executor, affected parties, and third parties
  • Conveyancing and property management

No will, no problem

If a will has been documented, it will explain how the deceased’s assets are to be divided. However, if your loved one’s last will was not documented, Executor Law – J. Bredenkamp Inc. has the expertise and know-how to assist in either situation.

The value of peace of mind

By choosing us as your attorneys, you don’t need to deal with a call centre, making the interaction with us a personal one.

Frequently Asked Questions

What is my estate?

Your estate consists of all your assets (property, cash, shares, investments, motor vehicles etc.) and all your liabilities (debt).

 

How long will it take to finalise my estate?

This question does not have an actual answer but rather a guide to the time frame. On average it will take 7 to 18 months to finalise the estate however, there are exceptions.

 

Will I pay death taxes?

The correct term for this is estate duty. Estate duty is only levied on estates valued at R 3 500 000 and more. There are also exceptions to paying estate duty. Our estate administrators can discuss this with you or your family in detail

What is the executor's fee?

Executor’s fees are given in terms of the administration of deceased estates act. Currently the fee is 3.5% on the gross value of the estate. This is the fee the executor charge to wind up the estate of a deceased person.

Are executor's fee negotiable?

When an executor is needed, the family may discuss this with the appointed executor directly. Executor’s fees are negotiable at his / her discretion however, the law does provide for the executor to charge the 3.5% of the estate value.

What happens if there is no cash in an estate and only a car and house?

When this happens then there is a cash shortfall in the estate. This does not mean the estate is insolvent. What the executor will request from the heir is to either pay in the cash shortfall or request permission to sell the asset/s to obtain the cash in the estate.

Are you looking for someone to help?

Let us help you! Call Now : 0793942574.

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