Question: QUESTION 5 ( 2 ) MARKS ) John Bell registered an inter wo twat in ferour of his brother's childer, John donaled all the assels

QUESTION 5
(2) MARKS )
John Bell registered an inter wo twat in ferour of his brother's childer, John donaled all the assels is The trust. In terms of the trust deed, Lisa, a college shodent, is entied to a montly annuly of R10000 unlat the age ol thity, whereater she will share the income generated in the frust in equal proporsons with her biother, Harre. Hanro is entited to fity percent of the remaining income after the peyment to Lisa was processed. The trust balance will accret is the long-thirg beneficiry of the finst On the last day ol assessment, Lisa was 21 years old and Hans was 18 years old; both regstered South Alrican residents.
List of taraactions inoured by the trat doing the ourent year of assesservert
Description
Dividends from South Altican source
Repairy ind mainlenance lo property
Trulted memunerston
Dialowed dearing and property alerstons
levest en mollowe
Rentalineone
Musiopal dayes and insurce on propely
Anount
19368
14500
30000
17000
68213
2m850
72000
Required:
(18) Mark)
Matal
TMD OF PAPER
QUESTION 5 ( 2 ) MARKS ) John Bell registered an

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