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How do I register a deceased estate?
When an individual passes away, you need to notify the Master of the High Court in the deceased’s jurisdiction of domicile within 14 days after the notice of death. To then proceed to open an Estate Late bank account, requires the Letters of Executorship (LoE) / Letters of Authority (LoA) as issued by the Master. LoE applies to estates with gross value above R250 000. LoA applies to estates with gross value below R250 000. Documents required for LoE / LoA to be issued by the Master include (as applicable):
Death notice
Certified copy of death certificate
Certified copy of deceased’s ID
Certified copy of surviving spouse ID
Original last will and testament (if the deceased had drafted a will)
Undertaking and acceptance of Master’s directions (in duplicate)
Certified copy of executor's ID
Nomination of executor and ID of person nominating the executor
Inventory of assets and liabilities
Declaration that the estate has not been reported to date
Declaration of how the deceased was married
Certified copy of marriage certificate / divorce order / predeceased spouse’s death certificate
Acceptance of Trust document
Confirmation of assistance by…
Nomination of representative
Affidavit by next of kin
Police report (if death was due to unnatural causes)