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What fees are executors entitled to according to South African law?
What fees are executors entitled to according to South African law?
Updated over a week ago

Your executor is legally entitled to a fee equal to 3.5% of the gross asset value of your estate, plus VAT. Should an executor generate income from the assets in your estate while under the executor's administration, the executor is entitled to 6% of this income as well. You are able to negotiate this executor's fee, provided you do so prior to appointing this executor in your will. 

We draft your will to ensure that your executor has the "power of assumption" which means that your executor can appoint a legal professional to assist them with the execution of your deceased estate. 

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