Deceased Estates - Drafting of Liquidation

📚 Deceased Estates - Drafting of Liquidation Course

Course Headline:

Drafting of Liquidation and Distribution Account

Course Description:

Once the estate of a deceased individual is settled, it's crucial to manage their assets and liabilities with care and precision. The process culminates in the preparation of a Liquidation and Distribution Account (LDA), which must be lodged with the Master of the High Court for inspection and approval within 6 months after the Letters of Executorship are issued, as mandated by Section 35 of the Administration of Estates Act.

This course is meticulously designed to guide you through the intricate process of drafting an LDA in accordance with Schedule 4 – Regulation 5 of the Deceased Estates Act. We'll explore every facet, from account presentation to inspection at the Magistrate’s Court, ensuring that you understand the administrative costs involved and how they affect the surviving spouse or co-owner, especially when dealing with an outstanding bond.

Topics Discussed:

• 📈 Drafting of Liquidation and Distribution Account
• 🔍 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

All Included:

• 🎥 Video presented course for a comprehensive understanding of the subject matter.
• 📁 Downloadable course material for your reference and study.
• 🏆 Certificate of training to acknowledge your completion and understanding of the course.
• SAIT Accredited - 4 verifiable CPD points to enhance your professional profile and ensure compliance with legal education requirements.

About the Presenter:

Lize Muller

With over two decades of experience in the Administration of Deceased’s Estates, Lize Muller has become a cornerstone of expertise in this field. Her journey began in 2001, and since then, she has made significant contributions to the industry, holding over 220 appointments as Executor in both Testate and Intestate Estates. Lize's qualifications include an AIPSA Diploma in Insolvency Law and a certificate in Administration of Deceased’s Estates from Continuing Legal Education, endorsed by the Law Society of South Africa.

Lize has been a beacon of knowledge for those embarking on this complex journey, sharing her vast experience through this course. Her achievements are numerous, including successful High Court Litigation in relation to heir and beneficiary disputes and PIE Applications, as well as assisting with International Estates across countries like the UK, Germany, Scotland, Spain, and more. Lize has also drafted over 2300 Wills and has been a trusted Executor accepted by major financial institutions like First National Bank.

Enroll in this comprehensive course today to gain valuable insights into the intricate world of Deceased Estates administration. Whether you're an estate practitioner, legal professional, or simply looking to deepen your understanding, this course is tailored to provide you with the knowledge and tools necessary to navigate the complexities of drafting a Liquidation and Distribution Account with confidence. 🏡⚖️📊