Attested wills Study guides, Class notes & Summaries

This outline summarizes just about all of Sitkoff's 11th edition of Wills, Trusts and Estates.

Contracts - ANSWER Define- An agreement or bargain struck between parties in which each party assumes a legal duty to the other party. Requirements- agreement (offer & acceptance), consideration, contractual capacity, and legality. Wills - ANSWER Requirements- testamentary intent; legal capacity; free of fraud, duress, undue influence, or mistake; and execution (two witnesses + notary = self proving). Trust - ANSWER Requirements- intention, subject matter, object. Power of Attorney - A...

Notary Questions and Answers Already Passed Notary Public an officer whose duty is to attest to genuineness in order to render same as evidence of facts; public officer; official acts receive credence in own country and others where instruments used as evidence; at times officer of court Notary requirements citizen or resident alien of state, 18 or over, resident of county in which appointed, right to vote (elector) Appointment Governor may appoint and commission as many persons as he consider...

PVL2602- LAW OF SUCESSION SUMMARY NOTES 2021. 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 succ...

WILLS AND ESTATES BOARD EXAMS: - In terms of trusts, fiduciary accounts = look over them but don’t go into exceptional detail Introduction: - Under South African law, a person may make a will directing how his assets shall devolve after his death (Law of succession will apply [The wills Act 7 of 1953] will apply) or a person may die without leaving a will, in which (Law of intestate succession will apply [intestate Succession Act 81 of 1987]). - A person who has dies having made a will...

LAW OF SUCCESSION LONGER QUESTIONS 1. Indicate whether the following statements are true or false and substantiate your answer. (a) A child's share is calculated by dividing the value of the intestate estate by the number of children of the deceased plus one. (3) False, a child's share is calculated by dividing the value of the intestate estate by the number of children of the deceased who have either survived him or have predeceased him but are survived by their descendants, plus NUM...

LAW OF SUCCESSION LONGER QUESTIONS 1. Indicate whether the following statements are true or false and substantiate your answer. (a) A child's share is calculated by dividing the value of the intestate estate by the number of children of the deceased plus one. False, a child's share is calculated by dividing the value of the intestate estate by the number of children of the deceased who have either survived him or have predeceased him but are survived by their descendants, plus one. (b...

PVL2602- LAW OF SUCESSION – Summary notes 2020. 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 s...