fee structure 2024
1.
DRAFTING OF WILLS
1.1
Where Wills & Estates is the executor
* Single Will - excluding a discretionary testamentary trust
R 600-00
* Joint Will - excluding a discretionary testamentary trust
R1 000-00
* Single Will - including a discretionary testamentary trust
R1 200-00
* Joint Will - including a discretionary testamentary trust
R1 500-00
1.2
Where Wills & Estates is not the executor
R2 000-00
1.3
Amendment of existing Wills
R 300-00
1.4
Living Wills
R 200-00
The above items include drafting of items and a 30 minute consultation
2.
DRAFTING OF TRUSTS
2.1
Standard inter vivos Trust
R6 000-00
2.2
Special Trust
R8 000-00
2.3
Audit and advice regarding existing Trusts
R3 500-00
2.4
Drafting of deed of amendment
R3 500-00
2.5
Drafting of substitute trust deed
R6 000-00
2.6
Appointment of Trustees (including trustee replacements)
R 300-00 per trustee
2.7
Obtaining Letters of Authority from the Office of the Master of the High Court
R 750-00
2.8
Drafting of Trustee Resolutions
R 200-00 per page
2.9
Drafting of financial statements and/or accounting/tax services
Fee of Accountant / Auditor
3.
DRAFTING OF AGREEMENTS
3.1
Power of Attorney (with registration in the office of the Registrar of Deeds)
R2 500-00
3.2
Power of Attorney (without registration in the office of the Registrar of Deeds)
R1 500-00
3.3
Loan agreement in Trusts
R2 500-00
3.4
Other agreements
Fee agreed with Service Provider
4.
OTHER
4.1
Tax administration fee (registration of trust at SARS)
Fee of Tax Service Provider
4.2
Consultations (per hour)
R2 200-00
4.3
Correspondence sent and received
R 100-00 per page
4.4
Travelling time and attendances
R1 000-00 per hour
5.
INDEPENDENT TRUSTEESHIPS
5.1
Annual Fee
R3 000-00
5.2
All other services per tariffs as set out above
5.3
All disbursements and expenses incurred
6.
DECEASED ESTATES
6.1
Administration of estates as nominated executor or agent
Executors fees are negotiable, subject to a minimum fee of R35 000.00 plus VAT
7.
NOTES TO THE ABOVE
7.1
A page consists of 100 words or part thereof
7.2
All fees exclude Value Added Tax
