Deceased Estate Services in Pretoria, South Africa

Deceased Estates in South Africa

Deceased estates can be confusing and difficult undertakings to manage, which is why planning ahead can offer greater control, efficiency, and privacy. Planning for deceased estates can be complex, but an informed accounting professional with experience in handling them can be one of the best ways to keep your assets and loved ones secure.

IC Quantum Accountants dedicates our time to working with all parties involved in deceased estates, from individuals and business owners to trustees, executors, and other related parties. We can help with tax planning and consulting, succession for businesses, formal and informal court accounting, and fiduciary tax preparation services.

We pay particular attention to:

Liquidity needs
Business interests
Offshore assets
Marital regimes and possible consequences after the client’s death
Accrual claims
Life-partners/Cohabitators
Guardianship for minors
Maintenance for dependents
Dependents with significant medical care required

Why Working With A Professional Can Help With Deceased Estate Handling

At IC Quantum Accountants, we work with our clients to integrate specific strategies for deceased estate planning that will allow your family to get the most possible value out of an estate, develop a plan tailored to their unique circumstances, protect their assets after passing, ensure tax compliance, assist and guide them throughout the estate administration process, and help everyone understand what is happening.

If you are working through a deceased estate, we can step in and ensure that you are handling everything correctly and making the right legal decisions.

Deceased Estate Planning: Estate, Gift and Income Tax Planning

IC Quantum Accountants has a team of professional accountants who will work closely with your family to help settle deceased estates. When writing a deceased estate plan, we help to develop integrated plans that effectively align with your wishes. Our team can provide guidance regarding income taxation on trusts and estates in South Africa. We can also help you, if necessary, through the audit and settlement of estate, gift, generation-skipping, and fiduciary income tax returns.

Gifting: We work closely with clients to coordinate the preparation and fulfillment of gifts, estate, and generation-skipping tax returns for deceased estates. We can also help with both domestic and offshore fiduciary income tax returns. With our experience as accountants for businesses, we can also establish the value of businesses and other assets for estate and gift tax planning and administration.

Trust and Estates: We offer comprehensive administration and fiduciary services to trustees and executors, helping both parts of the deceased estates when applicable. This means that we take on collecting assets to ensure that all necessary income and estate taxes are filed and provide comprehensive accounting to the probate court as well as estate and trust beneficiaries.

Deceased Estates in Pretoria

We understand that there can be many different emotions and a fair amount of sadness as you are settling the estate of a loved one, especially if you are handling this alone or if it is the first time that you’ve done something like this. Our team is sympathetic and will work with you to ensure that everything is handled as delicately as possible. We provide a personal and efficient service to you during the settlement of the estate. Our team, which includes professional staff that is accessible and genuinely interested in assisting you during this difficult time, will walk you through every step of the process. We will never push you to make decisions you aren’t comfortable making just yet and can talk you through some of the common fears of settling deceased estates.

At the end of the day, your “estate” or the estate of the person that you loved, is more than just the total extent of property and possessions – it is part of a legacy. Estate Planning and deceased estate settlement are services necessary for everyone. Optimal Estate Planning and the closure of estates with IC Quantum Accountants, you will ensure that:

Heirs enjoy the benefits promised to them
The costs to estates are kept to a minimum
The transfer of assets to heirs is simple and easy for all parties
Complications are eliminated

Give us a call today to get started on your Estate Planning.

Our Services

We will assess the viability of your business idea.

We will quantify your competitors and potential target market.

We will assist you with your potential Marketing Strategies and develop a working solution for your business.

We will assist in sourcing capital for your new venture.

What Our Clients Say...

"Our firm has been a long-term client with IC Quantum Accountants. We are thoroughly satisfied with the personalized client service they provide. IC Quantum Accountants is like having a staff person on call to assist with book-keeping, accounting and governance documentation. Always friendly and ready… Show More

Richard Zurba, Coordinator, IBG Global

“I have been a client of IC Quantum and Riaan Olendaal for as long as I can remember. They have provided tax services when I was a salaried employee and continued to do so after I have become a consultant and practicing advocate. Through the years, IC Quantum has provided objective advice and assistance to me and my business. Most enduring is that regardless of how big or small my problem, Riaan and his team always makes time to listen to me and to provide good solid advice.” Show Less

Jan Augustyn, Advocate

“It is my pleasure to provide this letter of recommendation for IC Quantum Accountants with whom I have had a close professional relationship since 2017. As Commercial Manager at Sabicare, I’ve worked closely with the senior managers of IC Quantum, Riaan and Wilna Odendaal, over the past two and a half years. Since 2017 to date, IC Quantum has on a monthly basis, at the office of Sabicare, worked as accounting consultants. IC Quantum has assisted with the following matters: Roll out of new construction accounting software; Reviewing, implementation of changes and maintenance of internal policies and procedures; Calculation of provisional taxes; Complex VAT reconciliations; Liaising with SARS on behalf of Sabicare when necessary; Guidance and assistance with IT related matters. In all the above matters, I have found IC Quantum extremely competent, with sound knowledge and experience in all the above fields. They have not shied away for going that extra mile for the client, and their professional involvement in the duties of Sabicare’s personnel has contributed enormously to the capabilities and growth of Sabicare’s personnel. IC Quantum has trained and assisted Sabicare’s personnel not only in a professional manner, but has also over the course of two and a half years established a healthy work relationship with Sabicare employees. All our employees have immense respect for Riaan and Wilna, for whom they are and their reliable work ethics. Senior management of Sabicare can highly recommend IC Quantum’s valuable input to any business.” Show Less

John Steyn, Commercial Manager, Sabicare

Deceased Estates