Can You Contest a Liquidation and Distribution Account?
One of the final steps in winding up a deceased estate is the drawing up of the Liquidation and Distribution Account (L&D Account), which is the executor’s complete financial account of the estate. Before that account can be finalised, though, it must be opened up to public scrutiny. So yes, you can contest it, but […]
How to wind up a deceased estate
Winding up an estate in South Africa is a meticulous process governed by the Administration of Estates Act 66 of 1965. It involves the collection and distribution of a deceased person’s assets, settling debts, and ensuring that the estate is managed according to the law and the deceased’s wishes. This article outlines the steps involved […]
DEMYSTIFYING THE EXECUTOR IN A DECEASED ESTATE
During a person’s lifetime s/he will gather assets, in other words, belongings such as a house or a motor vehicle. These assets and liabilities will form part of a person’s estate. At the death of that person, his/her deceased estate must be administered, in other words, divided, distributed and controlled by someone. This person is […]
DEMYSTIFYING THE EXECUTOR IN A DECEASED ESTATE
During a person’s lifetime s/he will gather assets, in other words, belongings such as a house or a motor vehicle. These assets and liabilities will form part of a person’s estate. At the death of that person, his/her deceased estate must be administered, in other words, divided, distributed and controlled by someone. This person is […]