Overview   

Successful accountants frequently assume the role of guiding and supporting clients in the administration of deceased estates. With their expertise and unwavering fiduciary duty, accountants shoulder the responsibility of overseeing and meticulously managing the entire estate administration process.  

It is worth noting, however, that the winding up of a deceased estate requires a combination of legal acumen and accounting proficiency, underscoring the distinctive nature of this multifaceted undertaking. 

  Join Raymond Hack on 10 August 2023 from 10:00 a.m. to 12:00 p.m. to gain a comprehensive understanding of the current statutory requirements for the administration of deceased estates in an accounting practice. Raymond will provide you with valuable insights, practical tips, and real-world examples. This webinar presents an exceptional opportunity to expand your knowledge about the legal requirements involving the administration of deceased estates. 

Learning objectives  

Attending this webinar will equip you with the following skills: 

• Understand the significance of drafting a valid last will and testament, and the appointment of executors, trustees, and guardians (when required). 

• Fundamental understanding of the prescribed estate documentation, including completing and submitting the required documents to the Master of the High Court. 

• Gain effective strategies for meeting and communicating with bereaved families to gather the necessary information required by the Master of the High Court. 

• Knowledge of the requirements and best practices for preparing the Liquidation and Distribution Account. 

• Know how to place the relevant advertisements in newspapers and the Government Gazette. 

Content  

The webinar will cover the following topics:  

• Overview of the Deceased Estates Act.  

• Requesting letters of executorship/administration: 

  • Gathering, completion and signing of prescribed forms. 

  • Gathering of supporting documents.  

• Advertising for creditors. 

• Drawing up of the Liquidation and Distribution Account.  

• Submitting the Liquidation and Distribution Account for approval. 

• Collection and distribution of assets. 

• Fulfilment of outstanding claims against the estate.  

• Awarding the inheritance due to the beneficiaries. 

• Surrendering the original letters of executorship. 

• Obtaining the executor's release. 

Obtaining your CPD certificate 

This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAICA and SAIPA. 

  All attendees are issued with a CPD certificate available in an online profile.   

About the presenter 

Raymond Hack 

Raymond Hack is a practicing attorney experienced in the administration of deceased estates in excess of 35 years. He is Senior Partner at Rapeport Incorporated where his portfolio includes being Arbitrator at the Court of Arbitration for Sports, Sport and Anti-Doping Attorney, Chairman of the Disciplinary Committee of the Confederation Africaine de Football (CAF), Chairman of World Aquatics (previously FINA) Integrity Body, former Chairman of FIFA Players Status Board and Arbitrator for the Court of Arbitration for Sport. 

Who should attend? 

The following persons will benefit from attending this webinar: 

• Practising accountants including: CA(SA), Professional Accountant (SA), AGA(SA), FCCA, BAP(SA), BA(SA) and ACCA. 

• Legal personnel of a practice. 

Price              

• R 450.00 - Online admission - Individual. 

• Group Price 1 - From R184 per person (up to 5 users) 

• Group Price 2 - From R121 per person (up to 10 users) 

• Group Price 3 - From R109 per person (over 11 users) 

Steps to register for the event:  

If you already have a profile, login and register for the webinar. 

If you don’t have a profile, create a free profile then login and register for the webinar. 

Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series). 

Click here to find out about the Technical Resource Centre & CPD Subscription options. 

Additional material 

By attending this webinar you will be provided with: 

• A summarised slide presentation. 

• Reference documents and/or course material where available. 

• You can ask questions during the webinar and you will also have access to the presenter after the webinar.