02/08/2026
Deceased Estates: Know your executor.
When having your Will drafted make sure you know your Executor. There has been many media reports of Executors stealing money from deceased estates. Remember that the Executor that you appoint in your Will is entirely your decision. However IF you appoint a family member/attorney/friend/ financial institution/financial advisor and your Will stipulates that your Executor has the right of assumption, this means that the Executor may appoint someone else to attend to the Winding up of the Estate.
If your Estate is worth more than R 250 000.00 the Master may recommend professional assistance. This is because of the complexities involved in Winding up of an Estate over R 250 000 (the drafting of a liquidation and distribution account etc).
It is therefore important to make sure the Executor that you appoint has the necessary experience in winding up of estates as the Executor remains personally liable for financial errors, wrong distributions or unpaid taxes.
If your Executor gives Power of Attorney to someone else to assist with the Winding up of the Estate then the Executor should CLOSELY monitor the agent/attorney. My personal opinion would be that the Executor asks the necessary questions and keeps a hands on approach by asking for Deceased account bank statements every month. In this way it would be easier to pick up any irregularities for example payments made to third parties that cannot be explained.
As an heir of a deceased you should also keep a hands on approach and may also ask for bank statements of the deceased estate.
Deceased estate are complex and making sure the Executor belongs to a governing body for example the Legal Practice Council ( attorneys)/ IRBA (auditors) are crucial in order for you or your family members to have other means of right of recourse to enforce non-compliance of their duty as Executor.
The Master's office handle a myriad of deceased estates and in practice their offices does not and/or cannot closely monitor whether the Executor deviates from his/her fiduciary responsibilities.