Estate Liquidity Calculator

CALCULATE YOUR ESTATE'S LEGAL AND OTHER EXPENSES

Note
This is the Lite version of our Estate Liquidity Calculator, which should be sufficient for providing a general estimate of the current liquidity situation of your estate. For a more detailed calculation, feel free to try the Advanced version which goes into greater detail.

Click on "Personal Details" below to begin.
After completing a section, click on the next section header to continue.

Value of the Executable Estate*
The value of the deceased estate before liabilities. The value must exclude accumulated retirement/pension/provident fund benefits as well as any attached approved group life cover amount. Importantly, life cover proceeds from personal policies that have the estate as beneficiary must be included in this value. This extends to bond protection plans and proceeds where the testamentary trust(s) of children in terms of the Will have been nominated.
Asset Value to be Transferred to Testamentary Trust(s)
The NET asset value of bequests and/or the value of any specific bequest to children via testamentary trusts.
Number of Years for Testamentary Trust(s) to be in Use*
Where one child is being contemplated, simply use the number of years between the desired termination age of the trust and the child's current age (e.g. 25 - 3 = 22 years). Where multiple children are being contemplated, use the average age between the children for this calculation.
Number of Properties to be Retained by Beneficiary
These are properties not expected to be sold but transferred into the name of the beneficiary.
Property 1 Value to be Retained
Property 2 Value to be Retained
Property 3 Value to be Retained
Property 4 Value to be Retained
Property 5 Value to be Retained
Total Value of Properties to be Retained
Estimated Legal Expenses

Executor Fees
3.99% of the value of the executable estate, plus VAT.
Initial Trustee Fees
1.14% of the estimated asset value to be transferred to testamentary trusts as above, plus VAT.
Ongoing Trustee Fees
Calculated at 1.6% p.a. plus VAT for the term of the trust(s)
Conveyancing Calc 1A
Conveyancing Attorney Fees Calc 1a
Conveyancing Attorney Fees Calc 1a Copy
Conveyancing Calc 1B
Conveyancing Attorney Fees Calc 1b
Conveyancing Attorney Fees Calc 1b Copy
Conveyancing Calc 1C
Conveyancing Attorney Fees Calc 1c
Conveyancing Attorney Fees Calc 1c Copy
Conveyancing Calc 1D
Conveyancing Attorney Fees Calc 1d
Conveyancing Attorney Fees Calc 1d Copy
Conveyancing Calc 1E
Conveyancing Attorney Fees Calc 1e
Conveyancing Attorney Fees Calc 1e Copy
Conveyancing Calc 2
Conveyancing Attorney Fees Calc 2a
Conveyancing Attorney Fees Calc 2b
Conveyancing Attorney Fees Calc 2c
Conveyancing Attorney Fees
Conveyancing attorney fees for the properties kept by beneficiaries, incl. VAT.
Total Amount of Legal Fees
Estate Minus Fees
Other Expenses

Estimated Funeral Expenses
Feel free to amend this to a value you think might be more applicable.
Other Estimated Immediate Expenses
Possible medical expenses etc. Feel free to amend this to a value you think might be more applicable.
Summary

Total Immediate Expenses
Total Immediate Expenses Incl. Ongoing Trustee Fees
This is the amount of cash the executor of your estate would need to find to cover debts and expenses in your estate, including Ongoing Trustee Fees for testamentary trusts.
Total Immediate Expenses Excl. Ongoing Trustee Fees
This is the amount of cash the executor of your estate would need to find to cover debts and expenses in your estate, excluding Ongoing Trustee Fees for testamentary trusts. In this case one would assume that there would be enough of an interest-bearing investment to cover those fees.
Cover Needed
Life Cover Needed
Including Ongoing Trustee Fees
This is the amount of life cover needed to cover debts and expenses in your estate, including Ongoing Trustee Fees for testamentary trusts.
Excluding Ongoing Trustee Fees
This is the amount of life cover needed to cover debts and expenses in your estate, excluding Ongoing Trustee Fees for testamentary trusts. In this case, one would assume that there would be enough of an interest-bearing investment to cover those fees.
Comments
This field is for validation purposes and should be left unchanged.

Save and Continue Later

Note