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aug-99 ans2

aug-99 ans2

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Published by André Le Roux

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Published by: André Le Roux on Jun 16, 2009
Copyright:Attribution Non-commercial

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05/11/2014

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LEGAL PRACTITIONERS SPECIAL EXAMINATION
AUGUST 1999.
===========================================================================
1.1
REDISTRIBUTION AGREEMENT.
_____________
/
/
/ $5.00 stamp/
/____________/
We the undersigned,
1/
......................
2/
......................
3/
......................
4/
................ assisted by ........... as natural guardian,
hereby agree to redistribute the estate of the late............. as
follows:
............... will receive the movables valued at $100 000 as part of her
inheritance,
................, .................., and ......... will receive their
share of the estate in cash.
Signed.................
.................
.................
............... Natural guardian of ...........
witnesses..............
..............
===========================================================================
=1.2
First and final liquidation and distribution account in the estate of the
late.................... i/d no......... who died on.............
Estate no..............
liquidation Account
ASSETS

1 Certain piece of land situated in Windhoek,
measuring........... held by deed of transfer
no.............

1
400 000.00
Awarded and to be transfered to..... in terms
of clause ... of the will
2 Household furniture
2
50 000.00
3 1996 Toyota sedan no N1234W
2
50 000.00
Assets 2 and 3 awarded to....... in terms
of the will and redistribution agreement.
4 Current account Bank Windhoek
3
10 000.00
5 Proceeds fixed deposit no..... Bank windhoek
3
490 000.00

----------
1 000 000.00
============

LIABILITIES
1 Advertisement creditors
New era
65.00
Gazette
10.00
2 Advertisement of account
new Era
65.00
Gazette
10.00
150.00
3 Bank charges
100.00
4 D MATHEWS appraisement
4
500.00
5........ Transfer costs
5
2 000.00
6 Masters fee
3 000.00
7 Executors fee
35000.00
8 G.S.T on executors fee 3500.00
38 500.00
9 Avbob funeral expenses
6
4 000.00
8 Medi clinic
7
2 000.00
9 SWABOU mortage bond
8
..........
10 Sanlam bond premium
9
2 150.00
Balance for distribution
800 000.00
----------
1000000.00
===========
RECAPULATION STATEMENT
Cash
500 000.00
Liabilities
200 000.00
Cash available for distribution
300 000.00
-----------------------
500 000.00 500 000.00
======================
Distribution account
Balance for distribution
800 000.00
To.............. surviving spouse
Special bequest i.t.o.will
400 000.00
1/4 residue
100 ooo.00
Award consists of f/p
400 000.00
movables
100 000.00
500 000.00
To...... married i c o p to......
1/4 i.t.o. the will
100 000.00
Award consists of cash

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