Deceased Estates 2022: Administration of Deceased Estates
Duration: 2 hours
Price: R495.00
Deceased Estates 2022: Administration of Deceased Estates
Presenters : Carmen Westermeyer
Overview
Dealing with death and assets is always a challenging affair. From ensuring that the assets are distributed as intended to dealing with the administrative realities of winding up an estate, we need to ensure that the paperwork is correct. In particular, Executors of an estate need to understand how wills and intestate succession work to ensure that the wishes of the deceased are met. Executors would also need to ensure that all obligations are met, including the requirements of the Master and SARS. The aim of this series is therefore to discuss the requirements of the Administration of Estate Act, the Wills Act, the Intestate Succession Act as well as the tax liabilities of the estate.
Recording 2: Administration of Deceased Estates
This recording is aimed at providing an overview of the processes and responsibility related to the administration of a deceased estate. It will look at the legal requirements as well as the responsibilities of the executor.
This recording will cover the following areas:
- Who needs to register the estate?
- Forms required by the master’s office.
- Responsibility of the executors.
- An overview of the L&D account.
Competencies developed in this recording
After attending this recording, you will be:
- Able to comply with the requirements of the Administration of Estates Act.
- Informed about the master's process for deceased estates.
- Updated on your responsibilities as an Executor.
- Informed on how an L&D is to be drafted.
- Competent with a high-level understanding of how different types of marriages can impact an L&D.