HANDLING THE AFFAIRS OF A PERSON AFTER DEATH
The value of the deceased estate determines what steps will be taken in the winding up process
Whether there is a will or not will determine how the assets will be dealt with
Estates under R250 000 are dealt with differently than estates that are worth more than R250 000
Let us know the estimated value of the deceased estate and we will advise accordingly
THE DECEASED DIED WITHOUT A WILL
If the deceased was married, his/her spouse will also inherit. Most marriages apply to this rule.
The Intestate Succession Act prescribes exactly how the estate of a deceased person who dies without a will must be dealt with.
THE DECEASED DIED WITH A WILL
If the will is accepted as valid, the assets will be dealt with in term so the will and the Intestate Succession Act will not apply.
The original will is required and it must be signed by the deceased.
Only written wills are accepted.