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How do I settle an estate after someone dies?
The estate administration process is also known as winding up an estate. After someone passes away, an executor is appointed by the Master of the High Court to finalise the deceased estate. If you have been nominated as executor in someone’s will but you do not have the expertise to finalise the estate, the Master may instruct you to enlist the services of a company or professional who can assist. Then, your options would include renouncing your role as executor or remaining as executor but nominating a company or professional to act on your behalf under Power of Attorney. This is why it is always a good idea to nominate a professional executor in your will, to ensure the speedy and smooth winding up of your deceased estate.