Pvl2602 notes Study guides, Study notes & Summaries

PVL2602 LAW OF SUCESSION SUMMARISED EXAM NOTES 2023 1 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 ...

Succession Succession: - This aspect of law deals with what happens to an estate (the assets you leave behind) after you pass away. - Estate = the assets, obligations, liabilities, debts, etc. that you leave behind. - Inheritance = what is left once all the debts and liabilities have been paid. - Succession determines who qualifies to inherit. There are 2 types of succession: - 1) Testate = dealing with wills. - 2) Intestate = dealing with no wills. Terminology: - Deceased = person w...

PVL2602- LAW OF SUCESSION SUMMARY NOTES 2021. LAW OF SUCESSION – Summary 2021 notes 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 o...

Definitions Law of Succession A branch of private law, it comprises of those legal rules or norms which regulate the devolution of a deceased person’s estate Testate occurs when succession is regulated by a valid will in which the testator provides how succession to his or her estate is to take place Intestate When the testator dies without leaving a will at all or a valid will testamentary writing a document which defines any one of the three essential elements of a bequest: (Ex P...

Written notes on the units we covered as well as all the slide shows we used

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 ...

PVL2602- LAW OF SUCESSION SUMMARY NOTES 2021-2022. 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...

PVL2602- LAW OF SUCESSION SUMMARY NOTES 2021. 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...

PVL2602- LAW OF SUCESSION SUMMARY NOTES 2021. 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 succ...