
Actuarial calculations of claims from estates and maintenance calculations
Our actuaries do the financial calculations allowed for in The Maintenance of Surviving Spouses Act 27 of 1990. A surviving spouse (or child) may claim his reasonable maintenance needs from the Estate of the deceased spouse insofar as he is not able to provide there from his own means and earnings.
We calculate the past and future maintenance needs of the spouse or minor children of the deceased that are not provided for by their own assets or income.
We are typically instructed by the attorneys of the surviving spouse and minors or the attorneys in charge of the deceased estate. We are sometimes instructed directly by the surviving family members.
We have also done calculations to resolve disputes of the correct maintenance payments in terms of divorce agreements.