100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Summary PVL2602 Assignment 1 Answers Semester 2 2023. Reasearched and Accurate Answers! Detailed explanations for each response. R50,00   Add to cart
Quickly navigate to
Preview
  2.  
  3. University Of South Africa (Unisa)
  4.  
  5. PVL2602 - Law Of Succession (PVL2602)

Summary

Summary PVL2602 Assignment 1 Answers Semester 2 2023. Reasearched and Accurate Answers! Detailed explanations for each response.

1 review
 521 views  41 purchases

PVL2602 Assignment 1 Answers Semester 2 2023. Reasearched and Accurate Answers! Detailed explanations for each response.

Last document update: 1 year ago

Preview 2 out of 3  pages

Document information

  • Yes
  • August 8, 2022
  • July 25, 2023
  • 3
  • 2022/2023
  • Summary

Subjects

  • pvl2602 assignment 1 answers semester 2 2023

Connected book

book image

Book Title:

Author(s):

  • Edition:
  • ISBN:
  • Edition:

More summaries for

All for this textbook (47)

Written for

All documents for this subject (174)

1  review

review-writer-avatar

By: danisileseloma • 7 months ago

Seller

avatar-seller
studywiz

Reviews received

Content preview

PVL2602

, Question 1

Upon Ayanda's demise, her and Cele's common estate will be apportioned in
accordance with the rules of intestate succession, given the absence of a legitimate
will.

1. Initially, Cele is eligible for his legal quota. The legal portion constitutes an
amount equivalent to half of the joint estate's net value, which in this instance
stands at R3,000,000, so Cele will inherit R1,500,000.

2. The leftover half of the joint estate's net value, also R1,500,000, is to be split
equally among Ayanda's descendants.

• Dan, Ayanda's child from her first marriage who has since passed, leaves
behind four children, Ayanda and Cele's grandchildren: Junior, Eve, Fiona,
and Siya. Each will inherit a quarter of Dan's portion, which results in
R375,000 each after dividing R1,500,000 by 4.

• Ayanda's three children from her second marriage to Ben - Xandi, Yvette, and
Zoya - will each receive an inheritance. As Ayanda has passed, her portion
will be equally divided among her three children, providing each with
R375,000.

• Cele's child from a previous marriage, Gerald, won't inherit any part of the
estate, being that he is not a descendant of Ayanda.

Hence, the estate will be apportioned as follows:

• Cele: R1,500,000

• Junior, Eve, Fiona, and Siya (grandchildren of Ayanda and Cele): R375,000
each

• Xandi, Yvette, and Zoya (Ayanda's children from her second marriage):
R375,000 each

This distribution must consider any remaining debts, tax liabilities, or claims against
the estate.

Question 2

Question 2.1.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller studywiz. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R50,00. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67096 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Start selling
R50,00  41x  sold
  • (1)
  Buy now