The total assets you provided show a value of R 0
The minimum executor's fees on this will amount to R 0 *
3.5% which is
R 0
The property you gave is being valued at R 0
Property transfer costs (inc VAT) R 50
Transfer duty ** R 0
Post, petties, FICA and other fees (inc VAT) *** R 100
The venue, flowers, printing, food & beverage, cremation
We calculate this on a sliding scale based on the size of your estate
Estate duty is a form of tax that is levied on the deceased estate.
The purpose of estate duty is to tax the transfer of wealth (assets) from the deceased estate to the
beneficiaries
Properties R 0
Vehicle R 0
Timeshare R 0
Money owed to you R 0
Positive Bank Balance R 0
Investment R 0
Deduction if spouse is sole heir in will R 0
Deduction if spouse is sole heir in will R 0
Total Properties Value R 0
Taxable Value of Properties R 0
Total VATR 0
Transfer Duty * R 0
* There is no Transfer Duty as this does not apply to a deceased estate or inheritance
The Estate Duty, Liquidity and/or Capital Gains Tax Calculations are based on information provided by you and serve only for information purposes as an estimate of the estate duty and capital gains tax liability as on the date of calculation. Smart Will, all its partners, officers, directors, employees, contractors, sponsors, agents or affiliates cannot be held liable for any incorrect information or information not taken into account nor if your situation, estate or tax liability differ in any way at date of death.