If you do not have a WILL:
A living will is not the same thing as a will. A living will is an instruction to caregivers about your end-of-life wishes. It ensures that your final death wishes are carried out legally and without unnecessary delay, heartbreak and medical costs. Should the time come that you can no longer make decisions that affect your health and future, a living will is to stand as your directive and constitutes proof of your wishes
Basic single Will – R150.00
Basic Joint Will – R250.00
The administration of a Deceased Estate (over R250 000-00) may take several months to complete. We will attend to the various legal requirements, guide and assist you through the entire process
The administration of a Deceased Estate (under R250 000-00) may take a shorter period to complete and is less expensive, since steps 3, 5, 6 and 7 are not legally required.
Depending of what is in the Estate, we will require the following information and documentation.
It is important to know what costs may be involved in order plan the administration of the Estate and ensure that there is enough cash available in the Estate to pay for the costs and liabilities.
MASTER’S FEES PAYABLE TO THE MASTER OF THE HIGH COURT.
EXECUTORS FEES plus VAT (if applicable), is calculated on the gross value of the estate (all the assets)
BOND OF SECURITY COSTS are calculated on the gross value of the estate (all the assets)
ESTATE DUTY (TAX) is calculated on the net value of the estate (all the assets less all the liabilities and allowed deductions)
FINAL INCOME TAX RETURNS
CAPITAL GAINS TAX
TRANSFER COSTS OF FIXED PROPERTY
BOND CANCELLATION COSTS in respect of bonds registered over fixed property in the estate
Kindly contact us for more information or a quotation