SmartExecutor™ @ R244 per year

Significantly reduce your executor fees.

• Cover/reduce executor fees. The typical costs is 4.03% of the total value of the estate.
• Executor fees for estates < R250,000 for free.
• Conveyancing fee discount of 10%.
• Executor fees for estates > R250,000 up to 40% discount.

SmartExecutor allows for the cover of or a discount in executor fees.

This saving can not be underestimated. Every rand you can save in executor fees will be passed directly on to your beneficiaries and increase their inheritance and your legacy.

Standard executor fees are R3.50% (ex VAT) on the ENTIRE value of your estate and include anything you might still owe on your car, house or any other asset.

SmartExecutor ensures the following cover or discounts as long as the product is active and your Snapshot has been updated in the past year.

Let’s have a look at some examples.

Scenario 1	Value	Executor Fee	Conveyancing Fee	Total Savings ex VAT
Estate	R6,000,000	R210,000
Property	R4,000,000		R48,783.25
Savings		R42,000	R4,878.33	R46,878.33

Scenario 2	Value	Executor Fee	Conveyancing Fee	Total Savings ex VAT
Estate	R4,000,000	R140,000
Property	R2,200,000		R32,399.50
Savings		R21,000	R3,239.95	R24,239.95

Scenario 3	Value	Executor Fee	Conveyancing Fee	Total Savings ex VAT
Estate	R2,000,000	R70,000
Property	R1,500,000		R26,058.75
Savings		R10,500	R2,605.88	R13,105.88

Scenario 4	Value	Executor Fee	Conveyancing Fee	Total Savings ex VAT
Estate	R1,000,000	R35,000
Property	R550,000		R14,578.50
Savings		R3,500	R1,457.85	R4,957.85

Scenario 5	Value	Executor Fee	Conveyancing Fee	Total Savings ex VAT
Estate	R250,000	R8,750
Savings		R8,750	R0.00	R8,750

Cover/Discount Table	Discount percentage
Conveyancing fee discount	10.00%
0 – R250,000	Free
R250,000 – R500,000	5.00%
R500,001 – R1,500,000	10.00%
R1,500,001 – R4,500,000	15.00%
R4,500,001 – R15,000,000	20.00%
R15,000,001 – R30,000,000	25.00%
R30,000,001 – R50,000,000	30.00%
R50,000,000 +	40.00%

 

 

What some of our customers think.

 

"The process of updating my will was so overwhelming that I had snoozed the reminder on my to-do list since my my second child was born... and he is almost three. Then I found SmartWill.
The website is so intuitive and extremely simple. I found myself wondering whether it was too simplistic! The website guides you through an easy, step-by-step process that you can complete in your own time, in the comfort of your home. It takes an overwhelming task, and breaks it down into easy-to-answer questions. The cost is nominal, the quality is extraordinary. You don’t need to make an appointment with a lawyer, yet your will is reviewed by a lawyer. The whole process was so streamlined, I really can’t fault it. I strongly recommend that you just take the first step. The rest is easy." - Tanya Hanekom

"A will is always the lowest item on most people's daily priority list, but SmartWill helps make it as easy and seamless as possible. With the ability to dip in and out of the website when you have time to complete the details. With constant but not overbearing email reminders, and good advice from real people when you need it, the overall adds up to an excellent service for the price. Thanks SmartWill I can sleep a little easier now!" - Charles Edwards