On death Car loan outstanding
his
To be determined
120 000
Questions:
1
Adrian passed away on 1 April 2021. Calculate:
Calculate the CGT liability at death [8 Marks)
2. Calculate the accrual claim (15 Marks)
3.
the estate duty liability (15 Marks)
4.- calculate the estate duty liability to be paid by a third party or third parties (apportionment) [4
Marks]
Advice Adrian on how the bequest to his children can be protected [4 Marks]
6. Will there be enough liquidity in his estate to cover all liabilities? (4 Marks)
Show all calculations
5