What is an Executor?

What is an Exectuor?

An executor of an estate is an individual appointed to administer the last will and testament of a person who has passed away.

What does an executor do?
The executor’s main duty is to carry out the instructions in the will and to manage the affairs and wishes of the person who has passed away.

Why do you need an executor?
The law states that you have to have an executor if your estate is valued at
more than R250 000.
In the absence of a named executor, the Masters Office may appoint one for you.

Who should you appoint?
Do not appoint a large institution such as a bank or insurance company. They run call centers and sell you insurance.
You want your loved ones to deal with a real live person when they are in mourning.
Appoint an attorney or accountant specializing in estates and ensure that they are qualified.

Ensure peace of mind by choosing the right executor, let us help you choose the right executor and ensure that your will is in order.

Contact us for more information.