Flat Rate Fee

Total Flat Rate Fee Based on Estate Value

Payment Schedule

Amount

Under R 250 000

R 3 500

Section 18(3) Estate Fee

R 3 500

Over R 250 000 but less than R 750 000

R 10 500

Initiation Fee

Letters of Executorship

R 6 000

R 4 500

Over R 750 000

R 21 000

Initiation Fee

Letters of Executorship

R 6 000

R 15 000

  • 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

Flat Rate Fee does not include

  • All items included as Additional Charges
  • Conveyancing transfer fees of property
  • Accountant fees if this is required
  • Dispute resolution and litigation fees
  • Debts of the deceased person
  • Master’s Fee
  • Tax liabilities of the deceased person