Managing Estates with Care
Dealing with a deceased estate is a significant responsibility. Our expert team is here to ensure that everything is handled thoughtfully and efficiently. We understand the sensitivity involved and are committed to providing support every step of the way.
When a person passes away, their estate must be administered in accordance with the Administration of Estates Act 66 of 1965.
This process includes reporting the estate to the Master of the High Court, identifying and valuing assets and liabilities, settling debts, and distributing the remaining estate to beneficiaries.
The process is overseen by an executor appointed in the will or by the Master of the High Court. Jacobs & Potgieter assists executors and families throughout the process to ensure compliance, transparency, and efficiency.
What Is Estate Administration?
How We Assist with Estate Administration
• Reporting the estate to the Master of the High Court
• Assisting with appointment of the executor
• Identifying and valuing estate assets
• Settling estate debts and liabilities
• Preparing the Liquidation and Distribution Account
• Managing distributions to beneficiaries
• Liaising with the Master’s Office and institutions
The Estate Administration Process
Reporting the Estate
Estate must be reported to the Master of the High Court within 14 days of death.
Appointment of Executor
Letters of Executorship or Letters of Authority are issued by the Master.
Asset Identification
All assets and liabilities are identified and valued.
Debt Settlement
Outstanding debts, taxes and administration costs are settled from the estate.
Liquidation & Distribution Account
The estate account is prepared and submitted to the Master.
Distribution to Beneficiaries
Once approved, assets are distributed to beneficiaries.
COMMON CHALLENGES
Common Challenges in Estate Administration
- Missing or outdated wills
- Disputes between beneficiaries
- Unclear asset ownership
- Outstanding debts or tax obligations
- Foreign or offshore assets
Our team provides legal guidance to resolve these matters and ensure the estate administration process remains compliant with the law.