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4G 4G '0 78 19:54 23 February 2023 23 10:59 am L PVL2602: 2023 Semester 1 Assignment 01 INSTRUCTIONS: You must submit assignment one to
4G 4G '0 78 19:54 23 February 2023 23 10:59 am L PVL2602: 2023 Semester 1 Assignment 01 INSTRUCTIONS: You must submit assignment one to gain admission to the examination. You must answer all the questions in the assignment. You will receive feedback on the assignment by way of a tutorial letter or another document which will be uploaded on myUnisa after the closing date of the assignment. Please note that your assignment answers must be typed. The typed answer file must be converted to a .pdf document and must be uploaded as a single .pdf file. You need not use footnotes. You must attach a declaration of honesty. You must upload the answer file via the Moodle platform on myUnisa. IF YOU DO NOT KNOW HOW LOOK AT THE TRAINING VIDEO FIRST. https://staff.unisa.ac.za/static/intranet/Content/Departments/Tuition%20and%20Facili tation%20of%20Learning/myUnisa%20Administration/Docs/StudentManual-How-to- submit-an-Assignment-in-myModules-Ver1.0.pdf PLEASE NOTE THAT YOU MUST SUBMIT YOUR OWN WORK. You are not allowed to collaborate and submit the same answers as another student. That is considered to be a breach of academic integrity and will have serious consequences for your future studies at Unisa. QUESTIONS Question 1 Tom died intestate in 2022. Tom and his predeceased wife, Wendy, had four children, namely Ayanda, Bongani, Charlotte (adopted) and Dumi. Ayanda had 3 daughters, Eve, Fiona and Tara. Eve died in 2015. Ayanda constantly teased Charlotte about not being their sibling because she was adopted. On 15 April 2010, their argument got out of hand and Ayanda deliberately pushed Charlotte down the stairs, upon which Charlotte suffered a severe head injury and died. Charlotte was survived by her son, Siya. Ayanda was prosecuted and found guilty of murder. Ten years later, Tom died intestate, and his estate was worth R 800 000. Calculate how Tom's estate will devolve and give reasons for your calculations. [5] Question 2 L. Share Favorite M Edit ew Delete are More4G 4G 2 48 10:59 PVL2602_2...67d0e9e07 Calculate how Tom's estate will devolve and give reasons for your calculations. [5] Question 2 Teddy, who died intestate in October 2022, was married out community of property to Wilma. The accrual system was applicable to the marriage and Teddy's estate is entitled to R200 000 accrual from Wilma. They had four children Ada, Ben, Chris (adopted) and Dumi. Ada, who died in 2015, had 3 daughters, Elma, Flora and Gaby. Chris, who died 2010, was survived by his son, Siya. Teddy's estate was worth R 1 600 000. Calculate how Teddy's estate will devolve and give reasons for your calculations. [10] Question 3 Tom and Vicky were married in 2000. Tom made a valid will in 2013 in which he bequeathed 50% of his estate to his wife Vicky and 50% to his children Xeno, Yvette and Zandi in equal shares. Tom and Vicky were divorced five years later, in March 2018 and Tom married Bongi three months later. Tom and Bongi were married in community of property. When they were married, Tom's estate was worth R50 000 and Bongi's estate was worth R2 000 000. Tom died three years after his marriage to Bongi. Bongi and Tom's joint estate was now worth R2 200 000. (a) Calculate how Tom's estate will devolve and give reasons for your calculations. (3) (b) Explain what Tom should have done during his lifetime to avoid the distribution of the estate as in your answer at question 3(a). (2) [5] Total for assignment: [20]
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