The appointment of an executor is the cornerstone of the administration of a deceased estate. Once an executor is appointed by the Master of the High Court, an executor assumes a fiduciary duty to administer a deceased estate lawfully, whether th ...
The Importance of Updating your Will Regularly
A Will is not a once-in-a-lifetime document and can and should be continually amended to reflect certain lifestyle changes during your lifetime. In South Africa, major life events including but not limited to marriage, divorce, the birth of child ...
DRAFTING YOUR LAST WILL AND TESTAMENT SHOULD BE YOUR FIRST PRIORITY
There are two key pieces of legislation which govern the manner in which a deceased estate it devolved upon death, namely the Intestate Succession Act 81 of 1987 (“Intestate Succession Act”) and the Wills Act 7 of 1953 (“Wills Act”). In this paper ...
IS IT BENEFICIAL TO CREATE A TRUST?
A Trust can be described as a legal relationship which has been created by the founder, who places assets under the control of Trustees. This either happens during the founder’s lifetime (inter vivos trust) or at the death of the founder (testamentar ...

