PVL2602 Law Of Succession (PVL2602)

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QUESTIONS AND ANSWERS

Introduction to law of succession When a person dies he or she leaves behind not family/friends but more importantly for our purposes rights and duties that have to be finalized. The law of succession deals with the finalization of the debt and assets the deceased leaves behind. Law of succession – comprises those legal rules or norms which regulate the devolution of a deceased person’s estate upon one or more persons. Thus the law of succession is concerned with what happens to a ...

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Question 1 Ayanda and Cele were married in community of property in 1999 and a son, Dan was born in 2001 from this marriage. Ayanda and Cele were divorced later in 2001. Ayanda then married Ben out of community of property in 2003. Three children were born from their marriage, namely Xandi, Yvette and Zoya. Xandi had a child, Mary. In 2004, Ayanda and Ben made a mutual will in which they bequeathed their entire estates to each other. On 1 April 2022, Ayanda and Ben were divorced and on 1 M...

PVL2602 EXAM PACK. Distinguish between and estate and the residue of an estate. (4) Estate = A testator's estate consists of the assets and liabilities. Residue of an estate = Refers to that part of the deceased's estate which remains after the payment of funeral expenses, administration costs, tax, the testator's debts and the legacies. 3.1 If testator signed with a thumb print – in other words, he made a mark. When a testator signs with a mark the requirements of s 2(1)(a)(v) must ...

Question 5 In this question you receive a number of definitions of principles or concepts from the law of succession. Write down the name of each particular concept below its definition. (a) Refusing to inherit. (1) Repudiation (1) (b) The legal institution where property is left to a beneficiary subject to the condition that as much of it as may be left at the time of his or her death is to devolve upon another person. (1) Fideicommissum residui (c) The type of trust where the beneficia...

LAW OF SUCCESSION LONGER QUESTIONS 1. Indicate whether the following statements are true or false and substantiate your answer. (a) A child's share is calculated by dividing the value of the intestate estate by the number of children of the deceased plus one. (3) False, a child's share is calculated by dividing the value of the intestate estate by the number of children of the deceased who have either survived him or have predeceased him but are survived by their descendants, plus on...

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