Deceased Estates - Income Taxes Estate Duty and Administration

Price:
R549.24 (VAT Incl.)
Level:
Tax Professionals
Sub-level:
Deceased Estates
Lecturer:
Corlia Faurie
Duration:
150 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


This lesson covers the following:
• Income tax implications for the deceased upon passing
• Income tax implications for the deceased estate
• Income tax implications for the beneficiaries in relation to income and assets distributed from the estate
• Estate duties
o What constitutes an estate?
o How should property be valued for estate duty purposes?
o What rebates are available?
o At what rate will the estate be taxed?
o How does other taxes impact the estate duty obligation?
o How does the administrative process work for submitting the returns?
• Administration of deceased estates
o Reporting a deceased estate
o Wills and inventories
o Curators and executors
o Distributions from the estate