Examples of Administration of Estates Act in a sentence
THE PETITION requests authority to administer the estate under the Independent Administration of Estates Act.
In the event of such consent not being obtained or if the Master for whatsoever reason should refuse to issue a certificate (where and if applicable to this Agreement) in terms of Section 42(2) of the Administration of Estates Act 66 of 1965, this agreement will automatically lapse and be considered as cancelled.
All commissions are determined at the confirmation hearing.B. In decedent's estates, a personal representative with limited authority under the Independent Administration of Estates Act must not enter into an exclusive listing agreement or contract to sell real property of the estate without prior court approval.(Adopted 1/1/1990; Renum.
When a personal representative has been granted authority to administer the estate under the Independent Administration of Estates Act (beginning at Prob.
In the event of a dispute, the Master (a court official appointed under Section 2 of the Administration of Estates Act) will set the amount.
Substitution of section 85 of Administration of Estates Act, 196530.
Amendment of section 72 of Administration of Estates Act, 196529.
Heirs related grievances shall be resolved using the Probate and Administration of Estates Act Cap 352.
A general working knowledge of the Administration of Estates Act and its regulations including the drafting of estate accounts, drafting and execution of wills, including testamentary trusts, the application of the law of testate and intestate succession, a knowledge of the principles of estate duty and capital gains tax relating to deceased estates and a rudimentary knowledge of estate planning.
The purpose of the Independent Administration of Estates Act (sections 76-144) is to expedite the probate process and hopefully reduce the administrative costs of probate by allowing a personal representative to act more independently, involving the probate court only when needed for disputes or significant issues.