- Capital Legacy
- April 25, 2024
Deceased estate administration services
Why do you need deceased estate administration services?
After someone passes away, the process of winding-up their estate commences. Even if a person passes away without a last will and testament, or they did not accumulate many valuable possessions during their lifetime, their estate must still be finalised in accordance with the law.
The process of winding-up deceased estates is known as deceased estate administration. The work done during this process, by professionals on behalf of ordinary people who do not have the necessary legal or financial expertise, is known as deceased estate administration services.
The person designated in the will, or appointed by the courts, to finalise the estate is the executor. It is a widely held misconception that either the family lawyer, or a family member who is a lawyer, will be equipped to take on the executorship role to finalise the estate. Unfortunately, this is often not the case. Even if the person is an experienced, successful legal professional, it does not mean that they have estate law experience.
The executorship role involves registering the estate with the Master of the High Court to obtain the Letter of Executorship, gathering the relevant information about assets and debts, paying outstanding debts and taxes, and distributing the remaining assets to heirs or beneficiaries in accordance with the will, or as determined by law. This is specialised work that could have legal ramifications, so expert skills are required. That’s why enlisting professional deceased estate administration services could be one of the best decisions you ever make when it comes to the legacy you leave behind.
Capital Legacy is the #1 wills and estate specialists in South Africa. We do not charge for drafting, updating or safekeeping of your last will and testament. We also have an experienced estate administration team. So, if we’re the executor of your estate, you also receive professional, compassionate, burden-free deceased estate administration services, significantly lightening the load on your loved ones when you pass away. Our deceased estate administration services include:
- Winding-up deceased estates faster than the industry standard and providing beneficiaries with regular progress updates.
- Dedicated estate consultants who provide efficient, compassionate estate administration services.
- Cutting-edge estate technology that ensures efficient workflow, quick turnaround times and regular reporting on the progress of winding-up the estate.
- Professional expertise, all under one roof, for a complete solution and superior service.
To prevent estate fees and other associated costs from eroding your legacy and your loved ones’ inheritance, Capital Legacy offers you its first-of-a-kind product that lets you protect (‘indemnify’) your estate and safeguard your legacy against the significant costs that could come with finalising an estate after someone passes away. An expert Capital Legacy consultant can calculate the real costs of dying for you and advise on the options to make provision for these expenses, to prevent them from negatively impacting the future of the people and things you care about.
Whether you’re in need of a
will, life insurance, education
cover,
or the power of all three, we have got you covered.