What you'll learn
Drafting of Liquidation and Distribution Account – Schedule 4 – Regulation 5
Account to lay open for inspection – Magistrate's Court
Administration costs
Possible cash contribution outstanding bond and the impact of the surviving spouse / co-owner
Requirements
No prior experience needed
Description
Once all the assets of the deceased are gathered and liabilities established, it is now required to lodge a Liquidation and Distribution Account (setting out all the assets and liabilities) to the Master of the High Court for inspection and approval.Section 35 of the Administration of Estates Act requires you to lodge a Liquidation and Distribution Account to the Master of the High Court for inspection and approval within 6 (six) months after the Letters of Executorship has been issued..Topics Discussed:Drafting of Liquidation and Distribution Account – Schedule 4 – Regulation 5Account to lay open for inspection – Magistrate's CourtAdministration costsPossible cash contribution outstanding bond and the impact of the surviving spouse / co-ownerAll Included:Video presented courseDownloadable course materialCertificate of trainingSAIT Accredited - 4 verifiable CPD points ---------------------------About the Presenter:Lize MullerLize is seasoned in the Administration of Deceased's Estates as she has been administering deceased estates since 2001. Lize has an AIPSA Diploma in Insolvency Law and obtained a certificate in Administration of Deceased's Estates, Continuing Legal Education and the Law Society of South Africa.Lize has now decided to share her vast knowledge on the subject to learners wanting to embark on this journey.Some achievements throughout her career:over 220 appointments as Executor in both Testate and Intestate Estatesact in advisory capacity to other appointed Executors as to estate administrative requirementshave held appointments in various complicated Estatesvarious Estates which included successful High Court Litigation in relation to heir and beneficiary disputesvarious Estates which included successful PIE Applicationsassisted with International Estates, including UK, Germany, Scotland and Spain by obtaining local appointmentsdrafted over 2300 Willsdrafting of International Willsaccepted various nominations by First National Bank and other third parties as Executorreferral Estates from various Firms of Attorneysassisting / acting as Administrator for various Firms of
Overview
Section 1: Introduction
Lecture 1 Introduction
Section 2: Deceased Estates Process - Drafting of Liquidation
Lecture 2 Course Material
Lecture 3 Part 1
Lecture 4 Part 2
Lecture 5 Ending
Estate Administrators


Homepage

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