How to handle a estate below R100,000

 To handle a estate below R100,000 (adjusted from time to time) no executor need be appointed

Submit to the closest Master s office (Johannesburg) a letter in the format below

Letter


You should receive a followup letter with the estate reference no and attachments with forms  and requesting info simular as below

Kindly email me the following:

·         Death notice.

·         ID of deceased.

·         Divorce order with any attachments referred to in the order.

·         An Inventory.ait

·         Vouchers for any other assets than the Chevrolet, if any.

·         An affidavit that the estate has not been reported to any other Master’s office.

·         ID of executrix.

·         Undertaking of Master’s Directions.

Pieter de Weerdt

Here is a list of forms in pdf format

Examples of how to fill it out

Ensure that you have a stamp and reference for filling the original will and ask Master to provide a cerified by Master copy to you

Awaitt master lettter to act as his Representitive

No executor need be appointed and no adverts need be placed

Estate will be wound up in terms of Sec    which is aplicable to estates of a value below r

use the masers instruction to close bank accounts

amend co info

appoint other trustees to trusts

pay claims against estate and collect proceeds

Send proof of actions to master and ask for release

Use a cellphone to collect budget & expenses data

Let your gadgets now assist you living your dream with financial freedom

Your yuppy earring can now assist you to reach financial freedom by loading a web program on the cell homepage

See www.spendingdiary.com

http://www.spendingdiary.com/reports.php?sd=2012-3-01&ed=2012-03-17

Download it to your mobile or P C ,register and you can record your expences on the fly!

Use settings to download or email a csv file to you

This info can be used in your full budget and expence spreadsheet

A well designed spreadsheet is available free from www.liberta.co.za

with all help info on the site

http://liberta.co.za/blog/budget-planner-excel-spreadsheet/

A very helpfull compatable basic expenses spreadsheet is a good way to start from the same site http://liberta.co.za/blog/expense-tracker-spreadsheet/

All the above can easily be used in managing a business

Please comment with more and new ways to improve your financial freedom