Estate Planning and Administration
Dividing and Administering Your Assets
The administration of an estate can be emotionally challenging and legally complex. Having an executor manage this process ensures it is handled expertly, efficiently, and with empathy. As estate planning specialists, we offer not only the legal and financial expertise required but also the compassion that our clients and their families deserve.
What is Estate Planning and Administration?
Your estate includes all the property, assets and debts you leave behind when you pass away. The administration of an estate involves distributing the assets, paying debts, and handling associated legal matters.
Understanding the Costs
It’s crucial to understand the costs involved in administering an estate. These costs can include legal fees, executor fees, Master’s fees, property transfer fees, and other expenses related to the distribution of assets and payment of debts. Being aware of these costs upfront can help you plan more effectively and avoid placing an unexpected financial burden on your loved ones.
Our Fields of Specialisation
We provide expert guidance and efficient and comprehensive estate planning and administration:
- Asset protection strategies: We advise on strategies to protect your assets and ensure the effectiveness of your estate plan.
- Personalised succession planning: We secure and streamline the transfer of your assets with a plan tailored to your unique needs and circumstances.
- Trial estate administration: We offer a trial administration to test the effectiveness of your estate plan.
- Probate applications in foreign jurisdictions: We obtain the right to deal with the deceased’s foreign assets.
- Collection of foreign assets: We manage the collection and administration of assets located abroad.
- Claim benefit policies: We claim benefit policies on behalf of the beneficiary.
- Claim retirement annuities: We claim retirement annuities on behalf of the beneficiary.