Zanele died 7 years ago and bequeathed her whole estate to her husband Siyanda and nominated Siyanda
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Zanele died 7 years ago and bequeathed her whole estate to her husband Siyanda and nominated Siyanda as the beneficiary on all her long-term insurance policies. The value of Zanele’s net estate was R15 000 000 at the time of her death. Siyanda dies 7 years after Zanele, and the value of his net estate is R20 000 000. The net value of the property inherited form Zanele is R17 000 000 on the death of Siyanda.
What is the quick succession rebate in Siyanda’s estate?
Related Book For
South Western Federal Taxation 2015
ISBN: 9781305310810
38th Edition
Authors: William H. Hoffman, William A. Raabe, David M. Maloney, James C. Young
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