In this type of estate, a Letter of Authority is issued by the Master of the High Court. 
The entire value of the estate must be valued at less than R 250 000-00.

Once the letter of Authority has been issued, the executor can approach financial institutions where the deceased might have bank accounts, investments, policies etc, for closure of any or all accounts, and for payments of any credit balances to be made to estate late bank account (which will be opened by the executor). Once all the funds have been received, it will be distributed to the heirs/beneficiaries by the executor in terms of the Last Will and Testament of the deceased, together with any other assets which the deceased might have bequeathed to an heir.

Should the deceased have fixed property, which is bequeathed to a beneficiary, then transfer costs will also be payable, as the property will have to be transferred to the beneficiary. 

In an estate with a value under the abovementioned amount, the death does not have to be advertised in the local newspaper where the deceased resided, nor in the Government Gazette.

An agreed fee will be charged by the Executor for the administration of the estate.

The documents which the executor will need to report the estate to the Master, is enclosed below as “Documents Needed to report a deceased Estate to Master”