Administration of Deceased Estates
Presenters : Carmen Westermeyer
Overview
While we know that two things in life are certain, death and taxes, managing the administrative complexities of a deceased estate leaves many of us feeling uncertain. As noted by philosopher Ralph Waldo Emerson, knowledge is the antidote to fear or uncertainty.
Join Carmen Westermeyer as she provides a practical, easy-to-follow overview of the processes and responsibilities related to the administration of a deceased estate, with particular attention given to the latest big developments in case law surrounding the meaning of the word “spouse”. We’ll also look at alleviating frustrations like where to find information to get the process started, as well as where and how to file returns correctly. Make sure you’re not following outdated procedures now that online service offerings have been made available by the Master’s Office.
Upskill yourself by delving into the requirements outlined in the Administration of Estate Act, the Wills Act, and the Intestate Succession Act. By the end of this video, you will be able to answer the question that many of us ask ourselves: Where do I start when I need to deal with a deceased estate?
Video Content
- Correct processes to register the Estate
- What to look out for when dealing with the administration of estates
- Forms and paperwork required by the Masters Office
- Responsibility of the Executors
- New case law including recent developments in the definition of the term “spouse”
- An overview of the L&D account
Competencies developed in this video
- Understand the legal requirements of drafting a valid will
- Ability to advise on the interplay between wills and intestate succession
- Stay current with recent developments in inheritance-related case law
- Comprehend the requirements of the Administration of Estates Act
- Be informed about modernised processes for deceased estates at the Master’s Office
- Easily recognize the responsibilities of an Executor
- Gain insight on how an L&D is to be drafted
Related Webinars
Tax Practitioner Value-Added Service: How to Assist Clients with Drafting of their Wills 2021