{"product_id":"drafting-the-liquidation-and-distribution-account-breakdown-of-assets-administration-costs-and-liabilities-self-study-course","title":"Drafting the Liquidation and Distribution Account \/ breakdown of assets, administration costs and liabilities Self-Study Course","description":"\u003cp\u003eThis session helps learners understand the required structure and practical preparation of the Liquidation and Distribution Account, including the Master’s inspection process and the implications for heirs, creditors and surviving spouses.\u003c\/p\u003e\n\u003cp\u003e\u003cu\u003eLearning outcomes\u003c\/u\u003e\u003cu\u003e\u003c\/u\u003e\u003c\/p\u003e\n\u003cp\u003e\u003ci\u003edraft the required\u003c\/i\u003e the Liquidation and Distribution Account;\u003c\/p\u003e\n\u003cp\u003eunderstand when the account must be lodged;\u003c\/p\u003e\n\u003cp\u003eidentify the information\u003ci\u003e and documentation required\u003c\/i\u003e for drafting the account;\u003c\/p\u003e\n\u003cp\u003eunderstand the \u003ci\u003erequired \u003c\/i\u003estructure of the account;\u003c\/p\u003e\n\u003cp\u003edistinguish between assets, liabilities, administration \u003ci\u003ecosts\u003c\/i\u003e and distributions;\u003c\/p\u003e\n\u003cp\u003eunderstand the inspection process;\u003c\/p\u003e\n\u003cp\u003eidentify common drafting and calculation errors.\u003c\/p\u003e\n\u003cp\u003eKey topics\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eThe Liquidation and Distribution Account\u003c\/li\u003e\n\u003cli\u003eSection 35 of the Administration of Estates Act 66 of 1965\u003c\/li\u003e\n\u003cli\u003eSix-month lodgement requirement after Letters of Executorship\u003c\/li\u003e\n\u003cli\u003eSchedule 4 and Regulation 5 requirements\u003c\/li\u003e\n\u003cli\u003eAssets to be reflected in the account\u003c\/li\u003e\n\u003cli\u003eLiabilities and creditor claims\u003c\/li\u003e\n\u003cli\u003eAdministration costs\u003c\/li\u003e\n\u003cli\u003eExecutor’s fees and estate \u003ci\u003ecosts\u003c\/i\u003e expenses\u003c\/li\u003e\n\u003cli\u003eCash shortfalls and cash contributions\u003c\/li\u003e\n\u003cli\u003eOutstanding bonds and immovable property\u003c\/li\u003e\n\u003cli\u003eSurviving spouse and co-owner considerations\u003c\/li\u003e\n\u003cli\u003e\n\u003ci\u003ethe account l\u003c\/i\u003eying open for inspection\u003c\/li\u003e\n\u003cli\u003eMagistrate’s Court inspection process\u003c\/li\u003e\n\u003cli\u003eMaster’s queries;\u003c\/li\u003e\n\u003cli\u003eand \u003ci\u003eobjections\u003c\/i\u003e\n\u003c\/li\u003e\n\u003cli\u003ePreparing for distribution after approval\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Van Jaarsveld Consulting","offers":[{"title":"Default Title","offer_id":68349279994107,"sku":null,"price":350.0,"currency_code":"ZAR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0801\/3804\/3643\/files\/createa1200x80060resolutionimageofprofessionalpeoplesittingatadeskwithalaptop.jpg?v=1792417112","url":"https:\/\/vanjaarsveldconsulting.com\/products\/drafting-the-liquidation-and-distribution-account-breakdown-of-assets-administration-costs-and-liabilities-self-study-course","provider":"Van Jaarsveld Consulting","version":"1.0","type":"link"}