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The estate of a deceased person must be reported to the Master of the High Court within 14 days of the date of death. The death is to be reported by any person having control or possession of any property or documents that is or intends to be a will of the deceased.
Yes, it is correct to write "late Mr. X" when referring to a deceased person in a formal or respectful context. It is a way of acknowledging their death and showing respect for their memory.
The most obvious way is to indicated "(deceased)" after the person's name. I know that one can also use a dagger (?) or refer to the person as "the late Mr./Ms. Doe". I then learned in References to deceased persons that one can use "RIP" as suffix as well.
The property that a person leaves behind when they die is called the ?decedent's estate.? The ?decedent? is the person who died. Their ?estate? is the property they owned when they died. To transfer or inherit property after someone dies, you must usually go to court.
Find out if probate is needed. If it is, obtain the Will, find out who the executors are and inform them of the death if they don't already know. Gather any documents relating to financial affairs and property ownership. If there is a Will the executor should be responsible for this.