When assets are frozen after death, how do the dependants survive?
In the time between the bank freezing accounts and an executor being appointed, a cash flow problem may arise for dependants
22 April 2020 - 12:53
People often ask how their family will survive after your death when your assets are frozen for the executor/agent of the estate to correctly assess the value and determine the solvency of your estate.
In SA, when you die your estate must be reported to the office of the Master of the High Court in the regional jurisdiction where you've lived. It can take anything from three weeks to three months or even longer for an executor to be appointed by the Master of the High Court. ..
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