Our expert says:
Family law expert
The executor's functions are as follows:
* Taking control of the assets which form part of the estate
* Identifying the beneficiaries in the estate
* Carrying out the legislative requirements regarding the administration of the estate
* Paying the debts and the administration expenses
* Attending to the final income tax return
* Distributing the balance of the estate to the beneficiaries
A family member can be appointed as an Executor, but it is always wise to co-appoint someone with a family member i.e bank, auditor, attorney etc. The Master of the High Court overseas the administration of deceased estates and any irregularities may be reported to the Master.
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