Administration of estates as executors or as agents of nominated executors.
Estate planning involves applying the law of property, trusts, wills, future interests, insurance and taxation to ensure an individual's affairs are in order - for his benefit and enjoyment, as well as that of his family, during his lifetime and after his death. The estate planning process should be aimed at:
ensuring the practical implementation of estate plans
minimising administration costs
taking cognisance of legislative changes, and
the protection of minors' inheritances.
PwC can assist individuals and your employees with:
identifying the estate planner’s needs
drafting the estate plan
consultation with regard to wills
formation of inter vivos or testamentary trusts
implementing the estate plan and
determining the liquidity of the estate.
Trusts are used to secure investments as a complement to overall estate and financial planning.
advise individuals on the formation of trusts as well as the tax and legal consequences of such an arrangement
assist with the formation and registration of trusts
assist with the implementation of the objects of trusts
advise on the administrative requirements of trusts
deal with the day-to-day administration of trusts, including the preparation of annual accounts and tax returns