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Triple CC has ten (10) members. One of the members, Lerato, wants to bequeath her members interest to her two adult children. Advise Lerato which

Triple CC has ten (10) members. One of the members, Lerato, wants to bequeath her members interest to her two adult children. Advise Lerato which of the undermentioned solutions will be possible in terms of the Close Corporations Act 26 of 1988, and which would not. Give full reasons for each answer. 4.1 Lerato bequeaths her members interest to her children as joint holders in equal shares. (4 marks) 4.2 She creates a trust in her will to inherit the members interest. JCL Acountants CC will be the trustee and her children are appointed as the beneficiaries of the trust. (4 marks) 4.3 Leratos children register a new close corporation, Prefax CC, in which each of the children holds a 50% members interest. Lerato bequeaths her members interest to Prefax CC. (2 marks

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