Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You are consulted by Sam and Mary Sithole in connection with their Will. They are a young married couple with two children, a son Pano

You are consulted by Sam and Mary Sithole in connection with their Will. They are a young married couple with two children, a son Pano of 12 years and a daughter Samantha of 8 years. Sam and Mary are married out of community of property without the accrual system. They want the survivor of them to be the sole heir of the first-dying. They are however concerned about the possibility that something untoward might happen to both of them whilst travelling together, in which event they wish their respective estates to devolve upon their children in equal shares. If they die simultaneously and their children have not yet attained the age of 25 years, it is their wish that their children's inheritance must be administered by the trustees of a testamentary trust, to be created in their Will, until their children reach the age of 25 years. Draft a valid Joint Will for your clients. It is not expected of you to include the clause setting out the powers and duties of the trustees and the clauses dealing with the distribution of the trust income.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Family Law

Authors: Douglas Abrams, Naomi Cahn, Catherine Ross, Linda McClain

5th Edition

1640205918, 978-1640205918

More Books

Students also viewed these Law questions

Question

=+d) Are all of these rolls within the specification limits?

Answered: 1 week ago

Question

The personal characteristics of the sender

Answered: 1 week ago

Question

The quality of the argumentation

Answered: 1 week ago