Our firm takes pride in assisting South African executors to administer international estates and helping South African individuals plan for the future. Listed below are some examples of how we can assist.
If you are an executor of a South African estate, you may be faced with the challenge of administering an asset that is located outside of South Africa. If the asset is located in England or Wales, we can assist with resealing the South African letters of executorship.
Outside of England and Wales, an asset may be located in Jersey, Guernsey or the Isle of Man. All of these jurisdictions are independent of the United Kingdom and a separate process needs to be followed to administer assets located in these islands.
We specialise in administering assets located in the USA and Canada. We are also enrolled as a provider of medallion signature guarantees, which may be required to administer the assets located in the USA or Canada.
Through our network of trusted lawyers throughout the world, we are also able to assist with resealing South African letters of executorship in Australia, New Zealand, Singapore, Hong Kong and Malaysia. In addition, we regularly prepare applications for grants of representation in the Republic of Ireland and for confirmation in Scotland.
Depending on the type of asset that requires administering, we can also assist in France, Spain, Portugal, Belgium, the Netherlands, Germany, Switzerland and Luxembourg.
Planning for the future
In addition to preparing offshore Wills, we provide UK inheritance tax advice, which usually involves explaining how the double taxation convention between South Africa and the UK operates (for estate duty and inheritance tax purposes).
If you require assistance with any of these areas, we would be delighted to assist and you are welcome to contact Oliver Phipps, the head of International Private Client at Lester Aldridge. Oliver’s contact details are as follows:
+ 44 (0) 1202 786351