Administration of Deceased Estates 2020


Date: Sep 22, 2020 - Sep 22, 2020

CPD hours: 5 Hours

Time: 09:00 - 14:00

Event Type: Webinar

Presenter: Pieter Lombard MTP(SA)
Presenter: Ilse Lombard – H Dip (Tax Law)

The multidisciplinary topic of administration of deceased estates is an often-neglected topic, be it in the academic curriculum of either law or accounting.

Overview

The multidisciplinary topic of administration of deceased estates is an often-neglected topic, be it in the academic curriculum of either law or accounting. This webinar workshop aims to provide practical guidelines and tips on the smooth wrapping-up of a deceased estate and addresses issues commonly encountered, focusing on:

  1. Estate planning and wills.
  2. Role players in the administration process.
  3. Appointment and responsibilities of executor.
  4. Preparation of liquidation and distribution account.

On completion of the session you should have gained enough confidence to monitor the smooth execution of such a process and will be able to attend to the wrapping-up of a simple estate on your own.


Course Content

In this comprehensive session, we unpack and explore some of the following key aspects:

  • The drafting of a will (which might include generation-skipping).
  • The applicability of taxes such as transfer and estate duty.
  • Accrual claims by or against an estate.
  • Common law and statutory claims for maintenance by either a dependant of the testator or a surviving spouse.
  • Re-distribution agreements.
  • Section 18(3) estates.
  • Monetary advances to dependants during the period when an estate is frozen.
  • The role of trusts.
  • Executor’s fees.
  • Master’s fee tariffs for deceased estates.

Upon wrapping-up of an estate, the executor is responsible for the preparation of a liquidation and distribution account – this is one of the most important tasks and responsibilities of an executor. In this session, specific emphasis will be placed on this aspect.


Presenter

Pieter (Chartered Accountant (SA)) and Ilse Lombard (BA LLB Admitted Attorney) from Lombard Consulting specialising in:

  • Financial and tax matters.
  • General legal advice and contracting.
  • Estate planning and trusts.
  • Administration of deceased estates.

Pieter Lombard is a Chartered Accountant (SA) and also holds tertiary qualifications in Tax Law and Administration of Deceased Estates. He is registered as a Master Tax Practitioner with SAIT.

Ilse Lombard is an Admitted Attorney with a BA (LLB) and also holds additional tertiary qualifications such as H Dip Tax Law, a Certificate in Advanced Labour Law, as well as a Unisa-WIPO-accredited qualification in Intellectual Property.


CPD

This event and successful completion of the online assessment will secure 5 hours verifiable output Tax CPD points.


Event Pricing:

100% discount for 2020 General Tax Practitioner and Tax Accounting CPD subscribers. Not a CPD subscriber yet? Click here to register now.

Other member: R575.00

Company Price: R950.00


Payments & Cancellations

  • All payments must be made by EFT or by credit card, at least 3 working days before commencement of an event.

  • Kindly note that should payment not been received 2 days after the event, legal action will be taken

  • Proof of payment will be requested at registration, if payment at that point in time has not been reflected on SAIT's bank account.

  • Only written notice of cancellation will be recognised.

  • Cancellation Conditions:

    • If the cancellation occurs more than 4 working days prior to the event no cancellation fee will be charged.

    • If the cancellation occurs less than 4 working days prior to the event a 100% cancellation fee will apply.

  • Delegates who book and fail to attend will be liable for the full event fee.

  • SAIT's liability in the case of an event being cancelled will be limited to a refund or credit of the event fee.

  • Please click here for the full terms and conditions.

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