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1. Parties: Identification of all parties to the agreement, including the executor, heirs, and any other beneficiaries
2. Background: Context of the inheritance, including details of the deceased, date of death, and reference to the will (if any)
3. Definitions: Definitions of key terms used throughout the agreement
4. Interpretation: Rules for interpreting the agreement, including general principles and references to legislation
5. Acknowledgment of Estate Value: Statement of the total value of the estate and its major components
6. Distribution of Assets: Detailed terms of how the estate assets will be distributed among beneficiaries
7. Settlement Terms: Specific arrangements and conditions of the settlement, including timing and method of distribution
8. Tax Provisions: Arrangements regarding payment of estate duty and other applicable taxes
9. Executor's Powers and Duties: Outline of the executor's continuing role and responsibilities
10. Dispute Resolution: Procedures for resolving any disputes that may arise regarding the settlement
11. General Provisions: Standard legal clauses including governing law, jurisdiction, and entire agreement provisions
1. Maintenance Provisions: Required when there are ongoing maintenance obligations to surviving spouse or dependents
2. Business Interests: Needed when the estate includes business assets or shares that require special handling
3. Property Transfer Arrangements: Specific provisions for the transfer of immovable property, including transfer costs and timing
4. Trust Arrangements: Required when part of the inheritance will be held in trust
5. Foreign Assets: Needed when the estate includes assets in other jurisdictions
6. Customary Law Provisions: Required when dealing with assets subject to customary law
7. Outstanding Debts: Specific provisions for handling estate debts when significant liabilities exist
8. Family Heirlooms: Special provisions for items of sentimental value or family significance
1. Schedule A - Asset Inventory: Detailed list of all estate assets with values
2. Schedule B - Distribution Schedule: Specific allocation of assets to each beneficiary
3. Schedule C - Valuation Reports: Professional valuations of significant assets
4. Schedule D - Estate Liabilities: List of all estate debts and obligations
5. Schedule E - Tax Calculations: Detailed breakdown of estate duty and other tax implications
6. Appendix 1 - Death Certificate: Certified copy of the deceased's death certificate
7. Appendix 2 - Last Will and Testament: Copy of the deceased's last will and testament
8. Appendix 3 - Letters of Executorship: Copy of the letters of executorship issued by the Master of the High Court
Assets
Beneficiaries
Commencement Date
Deceased
Death Certificate
Distribution Date
Estate
Estate Account
Estate Duty
Executor
Heirs
Inheritance
Letters of Executorship
Liabilities
Master
Net Estate Value
Parties
Property
Residue of the Estate
Settlement Amount
Signature Date
Surviving Spouse
Tax
Transfer Date
Trust
Will
Business Day
Effective Date
Encumbrance
Fixed Property
Immovable Property
Maintenance Claims
Movable Property
Outstanding Debts
Personal Effects
Related Persons
Relevant Legislation
Settlement Terms
Valuation Date
Administration of Estate
Asset Distribution
Assignment
Authority and Capacity
Breach
Confidentiality
Costs and Expenses
Dispute Resolution
Distribution Terms
Domicilium
Estate Duty
Executor Powers and Duties
Further Assurance
Governing Law
Indemnification
Interpretation
Jurisdiction
Maintenance Obligations
Notices
Property Transfer
Release and Discharge
Representations and Warranties
Severability
Settlement Terms
Surviving Obligations
Tax Provisions
Third Party Rights
Trust Arrangements
Variation
Waiver
Whole Agreement
Legal Services
Financial Services
Real Estate
Private Banking
Wealth Management
Tax Advisory
Estate Administration
Property Management
Family Office Services
Trust Services
Banking
Insurance
Legal
Estate Administration
Wealth Management
Private Client Services
Tax Advisory
Fiduciary Services
Property Services
Financial Planning
Succession Planning
Trust Administration
Estate Attorney
Estate Planner
Legal Counsel
Tax Advisor
Wealth Manager
Estate Administrator
Trust Officer
Probate Specialist
Financial Advisor
Property Lawyer
Family Law Attorney
Succession Planning Specialist
Estate Planning Consultant
Private Client Advisor
Fiduciary Services Manager
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