powered by

Business Address
1 Foster Street, Gauteng, Benoni, 1501
0 vote
Administration of Deceased Estates

The reporting documents are delivered to the Master.
The Master appoints an Executor.
The Executor advertises in a local newspaper and the Government Gazette, inviting all creditors to prove their claims.
The Executor opens an estate bank account.
The Executor winds up the estate.
A Liquidation and Distribution (L&D) account is drawn up.
The Master of the High Court approves the L&D account.
The L&D Account has to lay open for inspection at the local Magistrate's office for 21 (twenty one) days.
The Executor has to advertise in a local newspaper and the Government Gazette that the L&D account will lay open for inspection at the Magistrate's court.
If there are no objections to the L&D account, the Executor pays out all the creditors and the heirs.
Final documents and affidavits are submitted to the Master to close the estate file.

Wills & Testaments
No Will shall be valid unless: The WILL is signed at the end thereof by the Testator in the presence of two competent witnesses (age 14 years and more) present at the same time. If the Will consists of more than one page, each page other than the page on which it ends, is also to be signed by the Testator. Every person of the age of 16 and more may make a Will.
Images (1)

Sponsored Ads