The Costs of Deceased Estates Explained
04 October 2024, Jan van Zyl
An important function of an executor, the person who is appointed by the Master of the High Court to administer... a deceased estate, is to account for the liabilities in the estate of the deceased. Keep in mind that only once the liabilities in the estate have been discharged can the heirs receive their inheritances. In this article, the various costs and expenses involved in administering a deceased estate are explained.