Maximising your inheritance

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Become a member by simply choosing one of these two plans:

For: Single person / parent

This solution is great if you want to get your financial affairs in order and leave assets to a chosen charity, minor children or other family members who rely on you.

For a fixed membership fee of: R160/mo - [1 person]

For: Married couples

This joint option is great for protecting you and your spouse's financial affairs so that neither of you have to worry about providing for deceased estate costs.

For a fixed membership fee of: R240/mo - [2 people]


Even if your estate value increases, your premium stays the same - the higher the value, the more inheritance you leave.



When you die, there are costs that your estate or loved ones have to pay in cash before they can legally inherit anything. If you don't have the cash, your executor is forced to sell your assets to pay the costs. This leaves your heir/s with much less to inherit or without a place to call home, these include:

'Late estate' bank account

The executor needs to open this bank account for the purposes of winding-up the estate.

Executor fees

In terms of current legislation the executor’s fee is 3.5% of the gross value of the estate assets plus 15 % VAT. That is 4.02% in total of the total value of the estate assets as on date of death. In terms of current legislation the executor’s fee is 6% on income earned by the estate after date of death plus 15% VAT. That is 6.9% in total on income earned by the estate after date of death. 

Conveyancing attorney fees

This fee is charged by a conyeyancing attorney based on the total value of the property and a transfer duty tax is charged to transfer the property into the beneficiary's name.

Bond cancellation costs

Should the executor need to cancel a bond, then there is a fee involved.

Testamentary trustee fees

This fee creates and manages the trust every year. Admin of trust = 1.5% on average

Masters fees

The fee that is charged by the Master of the high court for deceased estate purposes.

Advertising fees

2 adverts are placed in the local newspaper and the government gazette.

Creditors against the estate

This could be new bond costs, bad debt, card accounts, overdrafts, and interests etc

Income TAX or capital gains

An assessment would be done to determine what this cost might be, if any.

Rates and tax arrears

The clearance certificate will only be issued if the rates and taxes are paid in advance. The period that has to be paid in advance varies from area to area but is normally about six months. This amount may not be readily available and needs to be planned for in advance.

Other costs

These would be funeral fees, medical bills, paying utilities etc.

There are more, but they depend on your personal circumstances which an attorney can advise you on through the FREE assessment.

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