Saturday, May 12, 2012

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


About Me

DisclaimerThis is my personal blog, reflecting my opinions. The information on this site is provided for discussion purposes only, and are not investing recommendations for anyone. Under no circumstances does this information represent a recommendation to buy or sell securities, including any personal trades that are disclosed