A compliant Liquidation and Distribution Account is the culmination of every decision made during the administration of a deceased estate.
Understanding the legal principles is essential, but knowing how to apply them in practice is what ensures an accurate, compliant and professionally prepared account.
This practical 3-hour masterclass bridges the gap between theory and drafting, combining the legislative framework with practical examples and case studies to demonstrate how legal, taxation and estate administration principles are reflected in the final Liquidation and Distribution Account submitted to the Master of the High Court.
Topics Discussed:
- The legislative framework governing Liquidation and Distribution Accounts
- Understanding the structure and purpose of the L&D Account
- A practical approach to preparing a compliant L&D Account
- Recording estate assets, liabilities and beneficiary entitlements
- Estate duty, capital gains tax and other taxation considerations
- Liquidity, creditor claims and estate administration expenses
- Treatment of pensions, policies, annuities,endowments
- Business interests, loan accounts and complex estate assets
- Practical estate administration challenges affecting the L&D Account
- Common Master's Office requisitions and drafting pitfalls
- Practical drafting examples, case studies and professional guidance for accurate preparation
Presented by: Mrs Jade Theart (LL.B. ; LL.M (Commercial Law); Adv Estate Planning; Adv. Business Rescue)
Jade is an admitted attorney with over 10 years of post-qualification experience in law, specialising in estate planning, deceased estate administration, property law, and contractual law. In the area of estate planning, Jade provides comprehensive legal support, including the drafting and reviewing of last wills and testaments and related estate planning instruments. She is experienced in the administration of deceased estates ensuring compliance, efficiency, and sensitivity in managing the wishes of the deceased and the rights of beneficiaries. Jade’s professionalism, attention to detail, and client-focused approach plays an integral role in delivering high-quality legal services within the Finsolve group.
All Included:
- Recording of the session
- Q&A with the presenter
- Downloadable course material
- Certificate of training
- Assessment (optional)
- SAIT Accredited (3 verifiable CPD hours)