Welcome to Excall
Your one-stop destination for hassle-free will creation.
Excall Legacy (Pty) Ltd, specialises in estate planning with an upfront review of
to ensure that our clients are in a position to make well-informed decisions with regards to their estates, and to work with them actively to manage their legacy.
We ensure that our client’s estates are well managed and liquid when they pass away, with a strong focus on generational wealth creation.
With years of experience and many satisfied clients, we provide a service that is reliable, professional, and tailored to your needs.
WHAT WE OFFER
- Access to specialist estate planning advisors
- Our services provide a convenient way to secure your will.
- We assist with the nomination of a guardian to take care of your children.
- We ensure your children’s inheritances are protected until they reach an age determined by you.
- We protect the assets you bequeath to your beneficiaries from the legal consequences of their existing or future marriages.
- Our services provide the flexibility of choosing any executor while offering specialist independent executors and agents to act on behalf of your estate.
- We also offer the option of covering estate administration costs up to 100% upfront.
- We offer the option to create a testamentary trust for your loved ones
- The assurance of established deceased estate administrations not only guiding you with your estate planning but also the actual administration and finalisation of your estate.
EXPENSES OF DECEASED ESTATE ADMINISTRATION
There are many possible expenses that may be incurred for the winding up of the estate and if there is no cash available in the testate, then assets would have to be sold to pay for those expenses, otherwise the beneficiaries would be responsible for those costs.
Estate administration expenses to take into consideration:
- Executor’s fees – 3,5% plus VAT of the gross estate and 6% plus VAT of any income after death
- Master’s fees
- Estate Duty – estates with a gross asset value of more than R3 500 000,00 are subject to Estate Duty at the rate of 20%
- Costs of advertising
- Income Tax and Capital Gains Tax
- Accountant’s fees – an accountant may have to be employed to complete tax returns, to calculate Capital Gains Tax, to calculate the Accrual payable to the deceased
- Valuation fees – for any immovable property, motor vehicles, jewellery
- Bank charges
- Additional security for any immovable property
- In respect of immovable property to be transferred to an heir, transfer duty (payable to SARS) is exempt.
Other costs which are payable for fixed assets, such as :
- The transfer Attorney’s costs
- Rates payable in advance to the municipality
- Levies payable in advance to managing agents
- Costs payable to the Attorneys cancelling any existing bond
- Costs payable to the Attorneys registering any new bond
If there are sufficient funds in the estate, the estate will cover these costs. If there is a cash shortfall, the beneficiaries will have to pay these costs.
Our Packages
Free Will
This package is perfect for those looking for a basic will creation service without any additional features. You'll have the ability to draft your will online, ensuring your assets are distributed according to your wishes.
Free Will + Death Expenses Cover
In addition to the essential will creation service, this package includes coverage for death expenses. We understand that unexpected costs can burden your loved ones during an already difficult time. With this package, you can provide financial support for funeral expenses, easing the burden on your family.
Effective Estate Planning + Free Will
This comprehensive package combines our expert estate planning services with a complimentary will. Our team of experienced professionals will guide you through the intricacies of estate planning, helping you maximize your assets and minimize any potential taxes or legal issues.