TAX3703 1st Assignment 2022 (SEM2)
Question 1
Anthony had a valid will which was drafted by his attorney. In this will he indicated
his three children, Bertie, Karin and Daniel, to be his sole heirs. Bertie was to receive
40% of the estate, Karin 25% and Daniel 35%. Daniel was also nominated as the
executor in his father’s estate. The will was signed by three witnesses; Daniel, who
was at the attorney’s office with his father, as well as by two of the attorney’s clerks.
What portion of the estate will Daniel inherit when Anthony dies?
a. 35%
b. One third
c. Nil
d. Another amount
- Daniel will be incompetent to inherit since he signed the Will as a witness, unless
he has to prove that he did not have any influence on drafting the will.
Question 2
Buthle died intestate on 30 June 2022. The distributable amount in her estate
amounts to R270 000.
She is survived by:
-Sam and Sazi, her own brother and sister (full collaterals);
-Fumo, the child of a pre-deceased half-brother, Dumi, on her mother’s side; and
- Montle, an adopted sister on her father’s side.
Which one of the following amounts will Fumo inherit from Buthle’s estate?
a. R130 000
b. Rnil
c. R180 000
d. R90 000
The amount will be shared between the mother and father, the collaterals will
inherit from the parent to whom they are attached to.
(R270 000/2) = R135 000
Father Mother
R135 000 R135 000
Sam Sam
Sazi Sazi
Montle Fumo
R135 000/3 = R45 000 (R135 000/3) = R45 000
Sam will inherit (R45 000 + R45 000) = R90 000
Sazi will inherit (R45 000 + R45 000) = R90 000
Montle will inherit R45 000
, Fumo would inherit R45 000
Question 3
Davide dies intestate and is survived by his father, Paolo, and half-sister, Anna,
his father’s daughter. His mother, Sandra, is predeceased and left no other
descendants. His estate amounts to R250 000.
Which of the following statements is correct concerning the distribution of
Davide’s estate?
a. Paolo inherits a child’s share and Anna the residue of the estate.
b. Paolo inherits everything.
c. Paolo and Anna each inherit half of the estate.
d. Anna inherits everything.
Paolo the father inherits everything
Question 4
Elban died when his wife, Ansa, negligently shot him whilst being under the
influence of alcohol. In his will he stipulated that his estate should be divided
equally between Ansa (to whom he was married out of community of property),
Santi, their daughter and Gavin, his son who was born out of wedlock.
Indicate which of the following amounts Ansa will inherit if his distributable
estate amounts to R1 200 000.
a.
R400 000
b.
Rnil
c.
R800 000
d.
R600 000
(A person who causes the death of the deceased deliberately or by mistake
becomes incompetent to inherit)
Question 5
Lehumo died intestate on 30 May 2022. He is survived by his wife, Lulu to whom
he was married in community of property and two major daughters. What
amount will be distributed to Lulu if the distributable amount in the joint estate
of Lehumo and Lulu amounts to R737 000?
a.
R122 833
b.
Question 1
Anthony had a valid will which was drafted by his attorney. In this will he indicated
his three children, Bertie, Karin and Daniel, to be his sole heirs. Bertie was to receive
40% of the estate, Karin 25% and Daniel 35%. Daniel was also nominated as the
executor in his father’s estate. The will was signed by three witnesses; Daniel, who
was at the attorney’s office with his father, as well as by two of the attorney’s clerks.
What portion of the estate will Daniel inherit when Anthony dies?
a. 35%
b. One third
c. Nil
d. Another amount
- Daniel will be incompetent to inherit since he signed the Will as a witness, unless
he has to prove that he did not have any influence on drafting the will.
Question 2
Buthle died intestate on 30 June 2022. The distributable amount in her estate
amounts to R270 000.
She is survived by:
-Sam and Sazi, her own brother and sister (full collaterals);
-Fumo, the child of a pre-deceased half-brother, Dumi, on her mother’s side; and
- Montle, an adopted sister on her father’s side.
Which one of the following amounts will Fumo inherit from Buthle’s estate?
a. R130 000
b. Rnil
c. R180 000
d. R90 000
The amount will be shared between the mother and father, the collaterals will
inherit from the parent to whom they are attached to.
(R270 000/2) = R135 000
Father Mother
R135 000 R135 000
Sam Sam
Sazi Sazi
Montle Fumo
R135 000/3 = R45 000 (R135 000/3) = R45 000
Sam will inherit (R45 000 + R45 000) = R90 000
Sazi will inherit (R45 000 + R45 000) = R90 000
Montle will inherit R45 000
, Fumo would inherit R45 000
Question 3
Davide dies intestate and is survived by his father, Paolo, and half-sister, Anna,
his father’s daughter. His mother, Sandra, is predeceased and left no other
descendants. His estate amounts to R250 000.
Which of the following statements is correct concerning the distribution of
Davide’s estate?
a. Paolo inherits a child’s share and Anna the residue of the estate.
b. Paolo inherits everything.
c. Paolo and Anna each inherit half of the estate.
d. Anna inherits everything.
Paolo the father inherits everything
Question 4
Elban died when his wife, Ansa, negligently shot him whilst being under the
influence of alcohol. In his will he stipulated that his estate should be divided
equally between Ansa (to whom he was married out of community of property),
Santi, their daughter and Gavin, his son who was born out of wedlock.
Indicate which of the following amounts Ansa will inherit if his distributable
estate amounts to R1 200 000.
a.
R400 000
b.
Rnil
c.
R800 000
d.
R600 000
(A person who causes the death of the deceased deliberately or by mistake
becomes incompetent to inherit)
Question 5
Lehumo died intestate on 30 May 2022. He is survived by his wife, Lulu to whom
he was married in community of property and two major daughters. What
amount will be distributed to Lulu if the distributable amount in the joint estate
of Lehumo and Lulu amounts to R737 000?
a.
R122 833
b.
