Originally published: 26 March 2022 | Last updated: 18 January 2026
Executor fees in South Africa are regulated by the Administration of Estates Act 66 of 1965, which caps them at 3.5% of the gross estate value plus VAT. Understanding how to set and negotiate these fees in your Will can save your estate significant money.
What Are Executor Fees in South Africa?
Executor fees are the compensation paid to the person who administers your estate. The legal maximum is 3.5% of the gross estate value plus 15% VAT, totalling approximately 4.025% of the gross estate.
How Are Executor Fees Calculated?
| Gross Estate Value | Max Fee (3.5%) | With VAT (4.025%) |
|---|---|---|
| R1,000,000 | R35,000 | R40,250 |
| R5,000,000 | R175,000 | R201,250 |
| R10,000,000 | R350,000 | R402,500 |
Can You Negotiate Executor Fees?
Yes. You can specify a lower fee in your Will. Family members who serve as executors often agree to a reduced fee or waive it entirely. You should discuss fees with your chosen executor before including the amount in your Will.
Frequently Asked Questions
What is the maximum executor fee in South Africa?
3.5% of the gross estate value plus VAT, as set by the Administration of Estates Act.
Can I set a lower executor fee in my Will?
Yes. Specify the fee percentage in your Will. Your executor can agree to a lower fee.
He has over 20 years of experience helping people to write their Will and other estate planning documents. He has been interviewed by many of the major news media outlets and has contributed to articles in most leading publications. He has also contributed to a number of financial planning books.
Throughout his career, Tim has written extensively on the subject of Will writing and estate planning.
