Please contact us to discuss the quickest and most cost-effective way of finalising your loved one’s deceased estate, thereby giving you peace of mind. A deceased estate consists of the deceased’s immovable and movable assets at the time of his or her passing. The main objective in the administration of a deceased estate is to transfer ownership of assets from the name of the deceased person to the names of the beneficiaries mentioned in the will. When a person dies within South-Africa, leaving assets, his or her estate must be administered and distributed in terms of the deceased’s will, or failing a valid will, in terms of the Intestate Succession Act, 81 of 1987. The Administration of Estates Act, 66 of 1965 lays down the procedure which must be followed to administer a deceased estate. The Executor is entitled to a fee of 3,5% + VAT of the gross value of the estate and 6% plus VAT on any income earned. The fee can always be negotiated.