Nov 18

Appleton comments on the impact of institutional delays in estate administration

In an act of frustration, the Fiduciary Institute of South Africa (FISA) issued a press release raising concerns about delays in the winding up of estates.

Fisa called on “all banks to investigate why it takes months to provide basic information to executors to administer deceased estates”.

If this is the level of frustration experienced by professionals, smaller estates, for which family members act as executors, must be facing even greater challenges.