WINDING UP THE ESTATE OF A LOVED ONE.

Winding up the Estate of a loved one can be an emotional, time-consuming and burdensome process. It is a time fraught with legal, financial and procedural hurdles.

Problems you may face with the passing of a loved one:

LAST WILL & TESTAMENT

  • They did not leave a Will.
  • They left a Will and nominated you as Executor.
  • They left a Will and someone you know has been nominated as the Executor.

 

THE ESTATE ADMINISTRATION PROCESS

  • Meet with the family
  • Obtain a letter of Executorship
  • Place an advert in the newspapers
  • Draft the liquidation and distribution account
  • Meet with the family to discuss the account
  • Await account acceptance from the Master of the High Court
  • Await taxes, transfer and collections
  • Final distributions

 

GET IN TOUCH

Now that you have been made aware of the basics of Estate Administration, you can find out more or contact us to chat.

FIND OUT MORE HERE