Today our guest is Thuli Magubane Director Mint Fresh Advisory Services.
- A deceased estate comes into existence when a person dies and leaves property or a will.
- Such an estate must then be administered and distributed in terms of the deceased’s will or, if there is no valid will, in terms of the interstate succession act.
- The estate of a deceased person must be reported to the Master of the High Court within 14 days of the date of death.
- An executor of the estate is normally nominated in the will to do this as well as carry out the directives you set out in your will.