1. Patrick, a son of your later client, Sam, would like to discuss a few matters with you. A few months before Sams death, he took out a life policy of R1 000 000 as a result of advice from you during an estate planning exercise. There is no beneficiary nomination of the policy. Patrick would like to know whether he is able to claim in terms of the life policy. Choose the correct statement. a. The nominated beneficiaries will receive the proceeds on the policy from the life insurance company after costs and taxes have been deducted. b. The proceeds will pay into the estate where after which it will be distributed to the heirs mentioned in terms of the Will of Sam. c. The executor will request that the executor fees and estate duty is settled by the beneficiaries before the company will be instructed to effect payment thereon. d. The full proceeds will pay directly to the nominated beneficiaries by the life insurance company. e. None of the above