Articles
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WHAT HAPPENS IF I DIE WITHOUT A WILL (INTESTATE)
Your Estate will be administered in terms of the Intestate Succession Act 81 of 1987 and your beneficiaries will be determined according to your next-of-kin (FAMILY TREE). This is not advisable, hence the importance of having a proper and valid Will...
Your Estate will be administered in terms of the Intestate Succession Act 81 of 1987 and your beneficiaries will be determined according to your next-of-kin (FAMILY TREE). This is not advisable, hence the importance of having a proper and valid Will...
HOW DOES MY MARRIAGE REGIME AFFECT THE ADMINISTRATION PROCESS?
Marriage regimes have an influence on how certain assets are dealt with in the deceased estate administration process...
Marriage regimes have an influence on how certain assets are dealt with in the deceased estate administration process...
PERSONAL DOCUMENTS REQUIRED TO REPORT AN ESTATE
The Executor will require details of all life insurance and annuity policies payable to the Estate, a nominated beneficiary or ceded to an appointed 3rd party who would be responsible for settling any outstanding debt...
The Executor will require details of all life insurance and annuity policies payable to the Estate, a nominated beneficiary or ceded to an appointed 3rd party who would be responsible for settling any outstanding debt...
ESTATE ADMINISTRATION AND THE ROLE OF YOUR PROFESSIONAL EXECUTOR
It is often complicated and confusing. The Executor plays an important role in ensuring that the administration process is undertaken in line with the Act and that it is handled professionally...
It is often complicated and confusing. The Executor plays an important role in ensuring that the administration process is undertaken in line with the Act and that it is handled professionally...
WHAT ARE YOUR EXECUTOR’S RESPONSIBILITIES?
Managing, protecting and transferring the deceased’s assets in accordance with the Will;
Identifying the beneficiaries in the estate late...
Managing, protecting and transferring the deceased’s assets in accordance with the Will;
Identifying the beneficiaries in the estate late...
HOW WILL THE EXECUTOR DEAL WITH THE VARIOUS ESTATE ASSETS?
On death, all the deceased’s assets have to be dealt with in terms of the Will – these can either be sold or transferred to the beneficiaries as set out in the Will...
On death, all the deceased’s assets have to be dealt with in terms of the Will – these can either be sold or transferred to the beneficiaries as set out in the Will...
WHAT HAPPENS TO MY PENSION FUND AND LIFE ASSURANCE?
Pension and Annuity Funds are governed by the Trustees of the fund...
Pension and Annuity Funds are governed by the Trustees of the fund...
WHAT EXPENSES ARE PAID BY THE ESTATE?
Funeral expenses by way of an initial guarantee from the Executor, however it is best to provide for these expenses through a funeral policy, or have cash available to cover the cost...
Funeral expenses by way of an initial guarantee from the Executor, however it is best to provide for these expenses through a funeral policy, or have cash available to cover the cost...
EXECUTOR’S DUTIES
The Executor will contact the Central Firearms Control Registry (CFCR) to confirm registration of the firearm/s in the name of the deceased...
The Executor will contact the Central Firearms Control Registry (CFCR) to confirm registration of the firearm/s in the name of the deceased...
WHAT IS ESTATE DUTY AND WHO PAYS IT?
Estate Duty is an inheritance tax (also known as Estate Tax or Death Duty). It is a Tax that arises on the death of an individual and the Estate is taxed, based on the Nett value thereof...
Estate Duty is an inheritance tax (also known as Estate Tax or Death Duty). It is a Tax that arises on the death of an individual and the Estate is taxed, based on the Nett value thereof...
THE REALITY OF DEATH IS OFTEN FAR MORE COMPLEX AND SERIOUS THAN MOST PEOPLE THINK...