Copy of ASSESSMENT: LAW OF SUCCESSION

Quiz Summary

0 of 10 Questions completed

Questions:

You have already completed the quiz before. Hence you can not start it again.

Quiz is loading…

You must sign in or sign up to start the quiz.

You must first complete the following:

Results

Quiz complete. Results are being recorded.

Results

0 of 10 Questions answered correctly

Your time:

You have reached 0 of 0 point(s), (0)

Current
Review
Answered
Correct
Incorrect

Question 1 of 10

1. Question
One requirement for a valid will, is that all witnesses are required to sign

each page.
- True
- False
Correct

Incorrect
Question 2 of 10

2. Question
If the deceased dies intestate leaving a spouse and children (descendants), the spouse will inherit: Choose the correct option
- A child’s share only.
- The greater of R 125 000 or a child’s share.
- R250 000 only.
- The greater of R 250 000 or a child’s share.
Correct

Incorrect
Question 3 of 10

3. Question
Can a Will which has been declared invalid, be condoned by the Master’s office?
- Yes
- No
Correct

Incorrect
Question 4 of 10

4. Question
Where the testator / deceased was married with the Accrual included, the accrual claim takes precedent to any bequests as well as residual heirs. Indicate which option completes the above statement.
- The accrual claim takes precedent to creditors of the estate.
- The accrual claim is second to creditors of the estate.
- The accrual claim has the same rights as the creditors of the estate but comes second to the creditors.
Correct

Incorrect
Question 5 of 10

5. Question
Complete the sentence by selecting one of the statements below. If the Testator does not nominate a direct substitution in his will:
- The bequest fails and will devolve intestate.
- The bequests will devolve upon his other nominated heirs.
- The bequest will form part of the residue of the estate and distributed to the residual heirs.
Correct

Incorrect
Question 6 of 10

6. Question
For a Will to be declared as valid, the following components must be present.

Select the correct statement:
- It must be in writing, the witnesses have signed each page, the testator has signed only at the end thereof and, they have all signed in the presence of one another.
- It must be in writing, the testator has signed the end of the will in the presence of more than 2 witnesses.
- It must be in writing, signed on each page by the testator, in front of at least 2 witnesses, in the presence of the testator and each other.
Correct

Incorrect
Question 7 of 10

7. Question
Bob has a provision in his Will which benefits Samantha. Samantha, at the time that Bob executed the Will, was Tom’ spouse. Samantha and Tom have subsequently divorced. Tom was one of the witnesses to Bob’s Will.

Select the correct statement:
- Samantha will still be qualified to inherit.
- Samantha will not be qualified to inherit.
- Samantha will inherit if she can prove she did not unduly influence Bob.
- Samantha will inherit if she can prove that Tom did not unduly influence Bob
Correct

Incorrect
Question 8 of 10

8. Question
The fact that the person who signed as a witness, also benefits from the estate, renders the Will:-Select the correct option.
- The Will will be invalid
- The will is valid but the witness will be disqualified from inheriting
- The will is valid and witness will inherit
- The will is partially valid and the inheritance devolving upon the witness will be distributed as per intestate law.
Correct

Incorrect
Question 9 of 10

9. Question
A Testator is required to nominate a recipient (beneficiary) of the proceeds of a life insurance policy, in his Will. Select the incorrect statement.
- A life insurance policy will not pay out according to the stipulations in the will.
- A beneficiary must be nominated, in writing, to the life insurance provider.
- The insurance provider is obligated to pay the nominated beneficiary on the policy.
- The insurance provider is obligated to pay the nominated beneficiary as per the will of the deceased life assured
Correct

Incorrect
Question 10 of 10

10. Question
The definition of spouse in the Intestate Succession Act, includes the following:

Choose the correct option:

A.A survivor in accordance with the black customary act

B.A survivor in a civil union in accordance with the Civil Union Act

C.A survivor in a same sex long term relationship

D.A survivor in a opposite sex long term relationship

E.A survivor who had concluded a Muslim marriage in

accordance with Muslim law
- A, B, C, E
- A, B, E
- A, B,C
- A,B, D
- All of the above
Correct

Incorrect

Copy of ASSESSMENT: LAW OF SUCCESSION

Copy of ASSESSMENT: LAW OF SUCCESSION

Quiz Summary

Information

Results

Results

Categories

1. Question

2. Question

3. Question

4. Question

5. Question

6. Question

7. Question

8. Question

9. Question

10. Question