Enroll Course: https://www.udemy.com/course/deceased-estates-process-estate-duty/
Navigating the complexities of deceased estates can be a daunting task, especially when it comes to understanding and calculating Estate Duty. Fortunately, Lize Muller’s Udemy course, “Deceased Estates – Estate Duty,” offers a clear and comprehensive guide to this crucial aspect of estate administration.
This course delves into Estate Duty, explaining its place within the broader context of estate administration. As Lize highlights, Estate Duty is not just a potential liability but can, in some fortunate cases, even be an asset. A key takeaway is the absolute necessity for the South African Revenue Service (SARS) to confirm full compliance before any distributions can be made, effectively finalizing the estate. The course meticulously details SARS’ procedures and requirements for achieving this compliance, making it an invaluable resource for anyone involved in estate administration.
Lize Muller, the instructor, brings an impressive wealth of experience to the table. Having administered deceased estates since 2001, she possesses a deep understanding of the subject matter. Her qualifications, including an AIPSA Diploma in Insolvency Law and a certificate in Administration of Deceased’s Estates, further solidify her expertise. Lize’s career achievements, such as acting as Executor in over 220 estates, advising other Executors, handling complex and international estates, and drafting over 2300 Wills, speak volumes about her practical knowledge and ability to impart it effectively.
The course covers a wide range of essential topics, including:
* Filing all outstanding returns for the deceased up to the date of death.
* Creating new Income Tax profiles for estates.
* Managing income and expenses post-death.
* Deregistering the deceased’s personal SARS profile.
* A thorough explanation and calculation demonstration of Estate Duty.
* Understanding the surviving spouse’s inheritance (section 4q).
* Handling maintenance payments.
* Dealing with policies paid directly to third parties.
* Accounting for administration costs.
* Identifying other exemptions.
* Understanding transfer duty.
* Recognizing all SARS taxes as administration costs.
The course includes downloadable course materials, a certificate of training, and is SAIT Accredited, offering 4 verifiable CPD points. This accreditation underscores the quality and professional relevance of the training provided.
For anyone looking to gain a solid understanding of Estate Duty and its administration, Lize Muller’s course is a highly recommended investment. Her practical insights and step-by-step guidance demystify a potentially complex area, equipping learners with the confidence and knowledge to handle it effectively. Whether you are new to estate administration or seeking to refine your skills, this course is an excellent choice.
Enroll Course: https://www.udemy.com/course/deceased-estates-process-estate-duty/