Deceased Estates
We are committed to our clients and are here to assist you in any way we can during this difficult time. Please use the below links to contact us.
How to manage an estate after a loss
We're here to help you navigate the estate of someone you may have lost. We'll give you the right guidance on the process as a family member, executor, or beneficiary.
DECEASED ESTATES PROCESS
You must provide the following information:
FOR MASTERS’S OFFICE
- Original Will or next of kin affidavit (J192 form if there’s no Will)
- Affidavit to take care of the children (only if the Deceased left children who are minors)
- Inventory list (J243 form)
- List of creditors (only if the estate is less than R250 000)
- Declaration that the estate has not been reported to another Master’s office
- Declaration of marriage
- Nominations form
- J155 form- Acceptance of Master’s instructions (less than R250 000 estate)
- J190 form- Acceptance of trust as Executor (more than R250 000 estate)
For an overview of the full requirements, you can visit the Master’s website
FOR STANDARD BANK
- The IDs of the Deceased, the Executor or the Master’s Representative and all appointed Agents
- Power of Attorney (if the Executor appointed is an Agent)
- The Death Notice (completed Form BI-1663)
- The death certificate
- Letters of Executorship/Authority
- Proof of residence of the Executor or the Master’s Representative and all their Agents
- Contact details of the Executor or the Master’s Representative and next-of-kin
- Proof of an estate bank account (if it is a large estate)
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FOR MASTERS’S OFFICE
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FOR STANDARD BANK
- Original Will or next of kin affidavit (J192 form if there’s no Will)
- Affidavit to take care of the children (only if the Deceased left children who are minors)
- Inventory list (J243 form)
- List of creditors (only if the estate is less than R250 000)
- Declaration that the estate has not been reported to another Master’s office
- Declaration of marriage
- Nominations form
- J155 form- Acceptance of Master’s instructions (less than R250 000 estate)
- J190 form- Acceptance of trust as Executor (more than R250 000 estate)
For an overview of the full requirements, you can visit the Master’s website
- The IDs of the Deceased, the Executor or the Master’s Representative and all appointed Agents
- Power of Attorney (if the Executor appointed is an Agent)
- The Death Notice (completed Form BI-1663)
- The death certificate
- Letters of Executorship/Authority
- Proof of residence of the Executor or the Master’s Representative and all their Agents
- Contact details of the Executor or the Master’s Representative and next-of-kin
- Proof of an estate bank account (if it is a large estate)
Funeral payout process
To receive a funeral policy payout, the following steps should be followed:
Getting permission from the Master of the High Court
Section 11 of the Administration of Estates Act, 66 of 1965 stipulates that the Master of the High Court must give permission for a bank to release specified and reasonable funds from a deceased person’s estate to pay for funeral expenses.
You're required to approach the Master with a written request, quotes and/or invoices for the funeral costs, to access the funds.
When the Master accepts your request, they will issue a formal letter to the bank. This letter gives authority to process payments from the deceased’s bank account to the funeral service providers.
The bank acts on the instructions of the Master to process payments for a Deceased Estate.
Master’s website >
Required documents
When sending through a request for emergency funeral funds, please provide the formal letter together with the following:
- Certified copies of the Deceased’s ID and Death Certificate
- The quote or invoice from the funeral parlour or other supplier.
These three documents must be sent to [email protected]
STANDARD BANK INSURANCE BROKERS (SBIB)
SBIB pays out Credit Life and Life Cover insurance claims if the Deceased had valid insurance in place at the date of death. It also pays out funeral claims to the relevant parties. To contact SBIB please make use of the following email addresses:.
- Send funeral claims to:
[email protected] - Send credit life claims to:
[email protected] - Send direct life/frank.Net claims to:
[email protected]
You can also use WhatsApp to lodge a claim.
Send “Hi” to 064 570 0291, then select option 4 “Life insurance”.