BTW3300 - South African administration of deceased and insolvent estates - 2017

An introduction to the principles of estate duty and planning. An examination of the administration of deceased estates and insolvent estates including the following: Principles of testate and intestate succession, role of the Master of the High Court, executor's role and the executor's account, application for sequestration and acts of insolvency, consequences of sequestration, role of the trustee, trustee's accounts, preferential creditors, encumbered assets, contribution, claim withdrawal, composition, insolvent deceased estates and partnerships, grounds for and methods of winding-up companies and close corporations, judicial management and rehabilitation.

The learning goals associated with this unit are to:

1. apply principles of testate and intestate succession
2. develop an understanding of the role of the Master of the High Court and the executors role over the executors account
3. examine the laws applicable to encumbered assets, claim withdrawal and grounds for and methods of winding-up companies.

Within semester assessment: 30% + Examination: 70%

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

BTW1201