“Administration of an estate refers to the management of the assets and liabilities of someone who has died.” – Cornell Law School.
Madalane Peyper Inc. specialises in the law relating to the liquidation and distribution of the estates of deceased persons, the administration of the property of minors and persons under curatorship, and derelict estates; to regulate the rights of beneficiaries under mutual wills made by any two or more persons.
If the deceased person has a valid will, the Administration of Estates Act 66 of 1965 governs the process. If the person who passed does not have a valid will, the estate will be handled in terms of the Intestate Succession Act 81 of 1987. The estate will, in such circumstances, devolve upon the surviving spouse or the surviving spouse and children of the deceased and grandchildren (where a child has predeceased the deceased leaving children). Where there are no descendants, the parents will inherit, and the brothers and sisters will inherit in their absence.
Administration of estates
Administration of trusts
Administration of trust assets
All aspects of estate planning
Drafting and preparation of the Liquidation and Distribution Account
Drafting of wills and codicils
Formation and registration of trusts (testamentary and inter vivos)
Making payments to and on behalf of beneficiaries
Managing Estate investment and bank accounts
Realising or transferring share portfolios and unit trust instruments