A Curator is required in cases where a person has been declared, by the Court, incapable of managing his her own financial affairs.
Only a Court can appoint a Curator and a special process has been put into place for this purpose. The Court will appoint a Curator Ad Litem, meaning an interim Curator for the purpose of having a permanent appointment made. The permanent appointment can only be made once the Court has decided who they feel competent enough to administer the funds of the patient.
Our services in this regard strictly conform to the Administration of Estates Act, as amended. The Service we offer.
A high level of our activities are as follows:
Taking on the Curatorship, which involves the investigation of assets and determining the market values thereof.
Placing the required notices.
Framing and submitting of Annual Accounts of Administration.
Termination of the Curatorship as soon as possible after the demise of the patient.
Our fee structure for this service is as follows:
1,5% Acceptance fee.
7,5% on income generated from the assets and on other income, eg. Pension.
1,5% termination fee upon termination of the Curatorship.
These fees do not include Value Added Tax (VAT)
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