Managing Small Estates Under R250,000 in South Africa

Losing a loved one is hard, and handling their estate can feel overwhelming, even if it’s a smaller one. Estates worth R250,000 or less, known as Section 18(3) estates, follow simpler rules in South Africa. As a family member or appointed Executor, you can manage this process with our help. Louwrens Koen Attorneys offers expert assistance starting at R2,500 to get you appointed, with further support at affordable rates.What Is a Small Estate?A small estate, valued at R250,000 or less, might include a modest home, savings, or personal items. Unlike larger estates, it doesn’t require a complex Liquidation and Distribution Account, and a Master’s Representative (like an Executor) oversees the process.Your Role as a Master’s RepresentativeIf you’re appointed, you’ll:

  • Report the Death: Submit documents like the death certificate to the Master of the High Court or a Magistrate’s Court within 14 days.
  • List Assets and Debts: Note what the deceased owned and owed.
  • Pay Debts: Settle bills or loans using estate funds.
  • Share Assets: Distribute what’s left to family, following the will or Intestate Succession Act if there’s no will.

Why It’s Simpler but Still ChallengingSmall estates are often quicker to settle—about 3–6 months—but paperwork, creditor claims, or family disputes can complicate things. Mistakes could delay the process or cost you personally.Our Affordable SupportLouwrens Koen Attorneys makes it easy:

  • Appointment Assistance: For R2,500, we help you get appointed as the Master’s Representative, handling nomination and Master’s approval.
  • Further Guidance: If you need more help (e.g., with forms or distribution), we provide support at the standard rates set by the Administration of Estates Act—3.5% of assets, 6% of income, minimum R350 (plus VAT if applicable).
  • Stress-Free Process: Our expertise ensures accuracy and peace of mind.

Don’t Face It AloneEven small estates need careful handling. Start with our R2,500 appointment service and get trusted guidance every step of the way.Act now: Contact Louwrens Koen Attorneys for a free consultation. Visit our Contact page or call us to manage your small estate today.