OAK Law Guide Highlights the Case for a Professional Estate Executor
Written by: Jayce Casiano Save to Instapaper
The Pretoria firm examines why the choice of Executor named in a Will matters as much as the assets it distributes, and what families risk by leaving it to chance.
PRETORIA, South Africa — OAK Law has published a new guide examining a clause many people fill in without much thought, who administers their estate when they're gone. The article looks at what's really at stake in that decision.
Most Wills name a spouse or eldest child as Executor almost by default, without weighing what the role actually demands day to day. It's a position with real legal responsibility attached, from reporting the estate correctly to settling debts and drafting the final account, and it tends to land on someone at the worst possible time, while they're also dealing with their own loss.
The article explores what an Executor is legally required to do, what happens when the Master of the High Court has to step in and appoint someone instead, and what a professional Executor brings to the process that family members often can't, from procedural experience to simple availability. It also unpacks how a nomination is made, how easily it can be reviewed later, and why business owners with company shareholdings have particular reason to think this through carefully.
One point may surprise readers: the fee an Executor is entitled to charge is fixed by law, regardless of whether the person appointed is a family member or a professional, which changes the calculation more than most people expect.
For the full breakdown, read Choosing Who Administers Your Estate: A Decision Worth Getting Right.
About OAK Law OAK Law is a commercial and corporate law firm based in Pretoria, South Africa, advising individuals, business owners and professional practices on wills, deceased estates, executorship and broader estate planning, alongside its commercial and litigation practice areas. The firm's Executor, Deceased Estates and Last Will and Testament department assists clients with drafting, safekeeping and executor appointments.
Contact OAK Law, Route 21 Corporate Park, 59 Regency Dr, Irene, Pretoria, 0174, 012 345 3761.
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