The Section 18(3) Estate Fee for estates under R 250 000 must be paid at the start of the process.
R 6 000 initiation is payable at the start of the process for all estates over R 250 000.
The balance of the fee is paid once Letters of Executorship are receipted. Letters of Executorship are issued within 3-6 months after the estate has been reported to the Master.
Flat Rate Fee includes
Taking instructions and furnishing advice in respect of reporting the deceased estate to the Master
Preparing and finalising reporting documents
Attendance to Master’s queries prior to issue of Letters of Executorship
All necessary administrative correspondence and meetings
Notice to Creditors advertisement
Preparing and finalising the Liquidation and Distribution account
Attendance to Master’s queries in respect of the Liquidation and Distribution account
Liquidation & Distribution Account advertisement
Notice to the Master advising that the deceased estate has been finalised