In this two-part webinar the taxes arising at and after the date of death of a person will be dealt with. A liquidation and distribution account will be used as the basis for the webinar. The taxes covered will specifically include the normal tax liability at the date of death-, the normal tax liability arising after death when income accrues to-, or assets are realised by, the executor.
It will also include the estate duty payable, and the property included in the estate which includes: property outside the RSA; limited interests in property; shares held by the deceased in companies not listed on an exchange; a buy and sell agreement and the related domestic policy thereto; interests in retirement funds; and property that accrues to, or will be acquired by, the surviving spouse.