Page 43 - P6 Slide Taxation - Lecture Day 2 - Donations tax and Estate duty.

Married in community of property

• Include the following in the deceased estate:

• General rule:

– 50 % of assets included in estate

– 100% of assets expressly excluded from joint estate

– Liabilities which arise after the death of the deceased do not

form part of the joint estate

• Special rules for limited interests:

– Always 100% of fiduciary and usufructuary interests

– 50% of right to annuities unless expressly excluded from

joint estate