ADMINISTRATION OF DECEASED ESTATES

ADMINISTRATION OF DECEASED ESTATES

WHAT IS A DECEASED ESTATE?

A deceased estate comes into existence when a person dies having any movable and/or immovable property registered in their respective names. The deceased's estate must then be administered and distributed in terms of the deceased’s last will and testament or failing a valid will, in terms of the Intestate Succession Act, 81 of 1987. The procedure which must be followed to administer a deceased estate is prescribed by the Administration of Estates Act, 66 of 1965 (as amended).

 

OUR ADMINISTRATION OF DECEASED ESTATE SERVICES

In the unfortunate event of losing a loved one, relative or friend, our legal team is available to assist you through this difficult period and will take care of administering and winding up their Estate on your behalf from the beginning to the end.

At Ooni & Wadia Inc. Attorneys • Notaries • Conveyancers:  

  • We provide an all inclusive service, which takes away the additional difficulty away client's who have lost a loved one.
  • We endeavour to administer and wind up a deceased's estate within the shortest possible time.
  • We ensure that all parties concerned are updated at predetermined intervals.
  • We consider each family's personal and financial circumstances.
  • We provide a free no-obligation first consultation to explain the processes, distribution and costs associated with the administration of a deceased estate and provide the following services in respect of the administration of deceased estates: 
    • Consultations with clients
    • Regular updates to clients
    • Completing reporting documents
    • Attending at the Master of the High Court’s office (Johannesburg & Pretoria)
    • Obtaining letters of Executorship / Authority
    • Advertising in terms of Section 29 and Section 35
    • Drafting and finalizing of the liquidation and distribution account
    • Completing and submitting of the Estate Duty addendum to SARS
    • Obtaining Master of the High Court’s permission to sell immovable property
    • Transfer of immovable property
    • Opening of an Estate Late Account
    • Management of the Estate Late Account
    • Obtaining Master of the High Court’s permission to distribute assets or cash surplus

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