One trustee Study guides, Revision notes & Summaries
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![LPL4805 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA - (DETAILED ANSWERS - DISTINCTION GUARANTEED!)](/docpics/2805841/6470544a4dfea_2805841_121_171.jpeg)
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LPL4805 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA - (DETAILED ANSWERS - DISTINCTION GUARANTEED!)
- Exam (elaborations) • 13 pages • 2023
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LPL4805 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA - (DETAILED ANSWERS - DISTINCTION GUARANTEED!) 
 
Question 1. 
1.1.1. Distinguish between an inter vivos trust and mortis causa trust 
(10) 
1.1.2. The founder of a trust, together with the trustee has just executed a deed of trust before you, a notary. Indicate the key requirement that the trustee must be in order qualify to act as such. 
(1) 
1.1.3. What must still be complied with in respect of the deed of trust and the trustee befor...
![Cannon CTFA exam 2023 with 100% correct answers](/docpics/3120731/64be769743e19_3120731_121_171.jpeg)
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Cannon CTFA exam 2023 with 100% correct answers
- Exam (elaborations) • 42 pages • 2023
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Jean and John Simmons are married and own their own home as tenants by entirety. When John dies the home is valued at $350,000. How much will be counted in his gross taxable estate? 
 
A. None, as it passes directly to his spouse, Jean. 
B. $175,000 - or one-half of the value 
C. $225,000 - or the full amount minus the $125,000 one-time exclusion for capital gains on a person residence. 
D. $350,000 - the full amount is includable. 
B. $175,000 - or one-half the value 
 
 
 
Once a will is prope...
![Colibri School Exam NJ 2023(updated)question and answers rated A+](/docpics/2968761/649a015838330_2968761_121_171.jpeg)
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Colibri School Exam NJ 2023(updated)question and answers rated A+
- Exam (elaborations) • 2 pages • 2023
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Colibri School Exam NJ 2023(updated)question and answers rated A+In a real estate transaction the principal would BEST be described as the - correct answer Person represented by an agent 
 
Bert is showing his buyer a home in a historic district. The buyer mentions in passing that she would like to place solar panels on the roof. Beet knows that the homeowners association CC&Rs would prohibit this to protect the historic character of the neighborhood, but he doesn't tell the buyer for fear she...
![PVL2602 Assignment 1 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED](/docpics/4673817/65e789ce4f86c_4673817_121_171.jpeg)
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PVL2602 Assignment 1 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED
- Exam (elaborations) • 145 pages • 2024
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Well-structured PVL2602 Assignment 1 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). .... 
 
 
 
 
QUIZ 
 
 
 
 
Question 1 
Complete 
Mark 1.00 out of 1.00 
 
Wanda was a successful businesswoman who owned a house and several other assets. She was married to Steven, who iscurrently unemployed. They had two daughters, Bea and Carla. Wanda was diagnosed with cancer and shortly thereafter sheapproached ABC Trust and Wills to draw up a will for he...
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KSU GA History Exemption test Latest Update Graded
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KSU GA History Exemption test Latest Update Graded A+ Georgia History: Overview Georgia was the last of the thirteen colonies to be founded. Its formation came a half century after the twelfth British colony.Georgia was the only colony founded and ruled by a Board of Trustees, which was based in London. 
Mississippian Period: Overview (A.D. 800-1600), complex native cultures, organized as chiefdoms, emerged and developed lifeways in response to the particular features of their physical surroundi...
![NC Funeral Law Exam Questions and Answers (Graded A)](/docpics/4410793/65bdfed2449b7_4410793_121_171.jpeg)
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NC Funeral Law Exam Questions and Answers (Graded A)
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NC Funeral Law Exam Questions and 
Answers (Graded A) 
Four members of the Board of Funeral Service are appointed by the Governor from nominees 
recommended by: -Answer-The North Carolina Funeral Directors Association. 
Every NC Burial association with assets less than $10,000. shall have a secretary or 
secretary/treasurer that shall have a bond payable to the Board of Funeral Service as trustee for 
the burial association. This bond shall be in the amount between __________. -Answer-$1,000 
an...
![2022 /23 PSC - Finance and Business Exam Notes](/docpics/641759d6cb457_2489785.jpg)
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2022 /23 PSC - Finance and Business Exam Notes
- Other • 26 pages • 2023
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QUESTION 1A – FSMA REGULATIONS 
No person may carry on a regulated activity in the UK unless authorised or exempt (s19 FSMA). 
Need to ensure that the firm is not committing a criminal offence by carrying out a regulated activity 
without authority pursuant to S 23 FSMA, so we need to consider the effect of FSMA. 
1. Are you in Business? 
a. For an activity to be a regulated activity under FSMA, it must be “carried on by way of business”. 
As the firm is providing a service for the client,...
![Reca – Residential Exam Questions and Answers 2024](/docpics/4410640/65bdf9ea6280d_4410640_121_171.jpeg)
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Reca – Residential Exam Questions and Answers 2024
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Reca – Residential Exam Questions and Answers 2024 
Self regulation -Answer--General obligation 
-Care & Skill 
-Act honestly 
-Negotiate favorable terms 
-Maintain confidentiality 
-Disclose information 
-Act in person 
-Obey lawful instructions 
-Perform mandate 
Brokerage interests -Answer-Interest of brokerage at odds with brokerage client 
Fiduciary duties -Answer--Utmost loyalty 
-Not to make secret profits 
-Maintain confidentiality 
-To account 
-Avoid and disclose conflicts of interes...
![PVL2602 Assignment 1 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED](/docpics/4673818/65e789d167ff1_4673818_121_171.jpeg)
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PVL2602 Assignment 1 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED
- Exam (elaborations) • 145 pages • 2024
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Well-structured PVL2602 Assignment 1 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). .... 
 
 
 
 
QUIZ 
 
 
 
 
Question 1 
Complete 
Mark 1.00 out of 1.00 
 
Wanda was a successful businesswoman who owned a house and several other assets. She was married to Steven, who iscurrently unemployed. They had two daughters, Bea and Carla. Wanda was diagnosed with cancer and shortly thereafter sheapproached ABC Trust and Wills to draw up a will for he...
![MRL3701 MAY/ JUNE 2023 ANSWERS/ SOLUTIONS (10 JUNE 2023) - INSOLVENCY LAW](/docpics/2878604/64841fefe6b3e_2878604_121_171.jpeg)
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MRL3701 MAY/ JUNE 2023 ANSWERS/ SOLUTIONS (10 JUNE 2023) - INSOLVENCY LAW
- Exam (elaborations) • 12 pages • 2023
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ANSWERS/ SOLUTIONS WITH REFERENCES & PREVIEW: 
 Question 1 
1.1 Explain the purpose of a sequestration order. (5) 
1.2 “A sequestration order may not be granted if a debtor has only one creditor and there 
are not enough assets to cover the costs of sequestration.” Indicate whether this 
statement is true or false, and then provide the reasons for your answer. (5) 
1.3 David approaches you for advice. He informs you that his brother, Samuel, owes him 
R15 000 for painting ...
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