Client Fee Schedule | Lutchmia Administrators

1. Professional Executor & Administrative Fees

Our core administrative fee structure is calculated based on asset category and cash recovery tiers.

Asset Category / Service	Fee Rate
Immovable Property	3.5% of value
Insurance & Banking Institutions	3.5% – 10.0% of cash collected
Income Collected After Death	6.0% of total income

Cash Recovery & Realisation Scale (Marginal Basis)

Fees are calculated on a marginal basis (like tax brackets). The corresponding percentage applies only to the portion of the estate value that falls within that specific tier.

Estate Value Bracket	Fee Rate Applied
R0 – R350,000	10.0%
R350,001 – R750,000	8.0%
R750,001 – R1,000,000	6.0%
R1,000,001 – R1,500,000	4.0%
R1,500,001 and above	3.5%

How Our Fee Calculation Works

Please Note: The sliding scale above applies only to cash collected and recovered from financial institutions (banks, insurance policies, etc.). As indicated previously, Immovable Property is levied at a flat rate of 3.5% of its value, and Income Collected After Death is levied at a flat 6% of the total income.

For cash recoveries, our fees are calculated on a marginal basis (similar to SARS income tax brackets). The percentage for each tier applies only to the portion of the cash recovered that falls within that specific tier, ensuring a fair and steady increase in fees.

Example Calculation (For R500,000 cash collected from a bank):

First R350,000 @ 10%: R35,000
Remaining R150,000 @ 8%: R12,000
Total Fee on Cash Recovered: R47,000

*In this scenario, if the estate also included a house valued at R1,000,000, an additional flat fee of R35,000 (3.5%) would be levied on the immovable property.

2. Statutory & Master's Fees

›Estates valued under R250,000: Fee-exempt
›Estates R250,000 to R400,000: R600.00 flat fee
›Estates above R400,000: R600.00 base fee + R200.00 for every complete R100,000 above R400,000
›Maximum Master's Fee: R7,000.00
›Statutory Conveyancing & Valuations: Per Statutory Conveyancing / Appraiser Schedule

3. General Disbursements & Search Fees

Item / Search Description	Cost (Excl. VAT)
Consultation Fee	R3,000.00
Deed Search	R350.00
Bank Account Search	R350.00
Life Cover Search	R350.00
Section 29 Advertisement (Local Newspaper)	R346.83
Section 29 Advertisement (Government Gazette)	R32.89
Section 35 Advertisement (Local Newspaper)	R346.83
Section 35 Advertisement (Government Gazette)	R32.89

4. Ancillary & Registration Services

Trust Registration

R5,000.00

Company Registration

R2,500.00

Vehicle Change of Ownership

R2,200.00

5. Terms & Notes

›VAT: Standard Value Added Tax of 15% applies where applicable.
›Fee Capping: All administrative fees are recovered from collections and are limited to a maximum of 10% of the gross value of the estate.
›Inclusions: Administrative fees cover winding up the estate (min. 6–8 months), document storage (5 years), Master's query handling, and general correspondence.
›Exclusions: Fees exclude statutory collection commission.

Professional Fee Schedule