Costs

​​​​​Section 18(3) Estate

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If an estate is valued at R250,000 or less, it is classified as a Section 18(3) estate.​

The fee to administer a Section 18(3) is negotiable.

If the estate's value exceeds R250,000, it is considered a full estate and will be administered accordingly.

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Full Estate 

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The prescribed tariff is 3.5% (plus VAT) of the gross value of the assets in the estate.

In addition, an executor can charge 6% on all income collected on behalf of the deceased estate from the date of death until the winding up of the estate.​​​