Pvl2602 succession notes - Study guides, Class notes & Summaries

PVL2602 MCQ EXAM PACK 2023/2024 Latest Answers. - Law Of Succession Ted died intestate and left behind the following relatives: • His mother, Mary. • His half-sister, Candy. Candy and Ted had the same mother but not the same father. • His half-brother, Ben. Ben and Ted had the same father, but not the same mother. (His father is predeceased.) • His full-blood sister, Sarah. Who will inherit Ted’s estate? [1] His mother, Mary, will inherit the whole estate. [2] His mother, Mar...

PVL2602 Exam Pack for exam period 2023 (Questions and Answers) - Includes Test Bank and Revision Notes! Great help for exam revision and to save you time, and so you can see what questions are likely to be asked, and how to answer them. Always helpful for assignments and exam preparations. Book used to answer the questions was from The Law Of Succession In South Africa – Jamneck; Rautenbach.

Succession Succession: - This aspect of law deals with what happens to an estate (the assets you leave behind) after you pass away. - Estate = the assets, obligations, liabilities, debts, etc. that you leave behind. - Inheritance = what is left once all the debts and liabilities have been paid. - Succession determines who qualifies to inherit. There are 2 types of succession: - 1) Testate = dealing with wills. - 2) Intestate = dealing with no wills. Terminology: - Deceased = person w...

PVL2602 LAW OF SUCESSION SUMMARISED EXAM NOTES 2023 1 Introduction to law of succession: When a person dies he or she leaves behind not family/friends but more importantly for our purposes rights and duties that have to be finalized. The law of succession deals with the finalization of the debt and assets the deceased leaves behind. Law of succession – comprises those legal rules or norms which regulate the devolution of a deceased person’s estate upon one or more persons. Thus the ...

Definitions Law of Succession A branch of private law, it comprises of those legal rules or norms which regulate the devolution of a deceased person’s estate Testate occurs when succession is regulated by a valid will in which the testator provides how succession to his or her estate is to take place Intestate When the testator dies without leaving a will at all or a valid will testamentary writing a document which defines any one of the three essential elements of a bequest: (Ex P...

PVL2602 SUMMARISED EXAM NOTES 2023 BEST FOR REVISION. 1 Definitions Law of Succession A branch of private law, it comprises of those legal rules or norms which regulate the devolution of a deceased person’s estate Testate occurs when succession is regulated by a valid will in which the testator provides how succession to his or her estate is to take place Intestate When the testator dies without leaving a will at all or a valid will testamentary writing a document which defines ...

PVL2602 MCQ EXAM PACK 2022. Ted died intestate and left behind the following relatives: • His mother, Mary. • His half-sister, Candy. Candy and Ted had the same mother but not the same father. • His half-brother, Ben. Ben and Ted had the same father, but not the same mother. (His father is predeceased.) • His full-blood sister, Sarah. Who will inherit Ted’s estate? [1] His mother, Mary, will inherit the whole estate. [2] His mother, Mary, will inherit half of the estate and th...

PVL2602 MCQ EXAM PACK 2022.PVL2602 - Law Of Succession Ted died intestate and left behind the following relatives: • His mother, Mary. • His half-sister, Candy. Candy and Ted had the same mother but not the same father. • His half-brother, Ben. Ben and Ted had the same father, but not the same mother. (His father is predeceased.) • His full-blood sister, Sarah. Who will inherit Ted’s estate? [1] His mother, Mary, will inherit the whole estate. [2] His mother, Mary, will inher...

PVL2602-Law Of Succession EXAM PACK 2022. QUESTIONS Answer all the questions. Always choose the correct/most suitable answer for each question. Choose only one option for each question. 1 Ted died intestate and left behind the following relatives: • His mother, Mary. • His half-sister, Candy. Candy and Ted had the same mother but not the same father. • His half-brother, Ben. Ben and Ted had the same father, but not the same mother. (His father is predeceased.) • His full-blood ...

PVL2602- LAW OF SUCESSION SUMMARY NOTES 2021-2022. Introduction to law of succession: When a person dies he or she leaves behind not family/friends but more importantly for our purposes rights and duties that have to be finalized. The law of succession deals with the finalization of the debt and assets the deceased leaves behind. Law of succession – comprises those legal rules or norms which regulate the devolution of a deceased person’s estate upon one or more persons. Thus the law of...