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SmartExecutor™ @ R220 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%
 

 

Who we work with.

We pride ourselves on being forward thinkers, with a focus on customer excellence.

Our trusted partners include:

 
Fedgroup
Estate Plan
xneelo
storafile
tribe

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* Feel free to explore the process. Please note, however, that the finalisation of your will requires a payment of R550.
More on Smartwill's products >

 

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

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