LEGAL PRACTITIONERS MID-TERM EXAMINATION

AUGUST 1998.

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1.1
Letterhead
date before 1/3/98

Master of High Court,

Private Bag 13190
WINDHOEK

re Estate late ..........................

I regret to inform you of the death of ............. and enclose herewith

the following documents to report his estate:

1/ death notice
2/ inventory
3/ original will
4/ declination of trust by ..........
5/ nominations by heirs
6/ acceptance of trust by ......... in duplicate
7/ bond of security for $1 000 000

I await the letters of executorship in due course.

Yours faithfully,

..................

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REDISTRIBUTION AGREEMENT. _____________
/ /
/ $5.00 stamp/
/____________/
We the undersigned,

1/ ......................
2/ ......................
3/ ......................
4/ ................ assisted by ........... as natural guardian,

hereby agree to redistribute the estate of the late ............. as

follows:

............... will receive the movables valued at $100 000 as part of her
inheritance,
................ , .................., and ......... will receive their
share of the estate in cash.

Signed .................
.................
.................
............... Natural guardian of ...........
witnesses ..............
..............

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First and final liquidation and distribution account in the estate of the
late .................... i/d no ......... who died on .............
Estate no ..............

liquidation Account

ASSETS
1 Certain piece of land situated in Windhoek,
measuring ........... held by deed of transfer
no ............. 1 400 000.00

Awarded and to be transfered to ..... in terms

of clause ... of the will

2 Household furniture 2 50 000.00

3 1996 Toyota sedan no N1234W 2 50 000.00

Assets 2 and 3 awarded to ....... in terms

of the will and redistribution agreement.

4 Current account Bank Windhoek 3 10 000.00

5 Proceeds fixed deposit no ..... Bank windhoek 3 490 000.00

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1 000 000.00
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LIABILITIES

1 Advertisement creditors
New era 67.00
Gazette 8.00

2 Advertisement of account
new Era 67.00
Gazette 8.00 150.00

3 Bank charges 100.00

4 D MATHEWS appraisement 4 500.00

5 ........ Transfer costs 5 2 000.00

6 Masters fee 600.00

7 Executors fee 25000.00

8 G.S.T on executors fee 2500.00 2 7500.00

9 Avbob funeral expenses 6 4 000.00

8 Medi clinic 7 2 000.00

9 SWABOU mortage bond 8 161 000.00

10 Sanlam bond premium 9 2 150.00

Balance for distribution 800 000.00
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1000000.00
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RECAPULATION STATEMENT

Cash 500 000.00

Liabilities 200 000.00
Cash available for distribution 300 000.00
-----------------------
500 000.00 500 000.00
======================

Distribution account

Balance for distribution 800 000.00

To .............. surviving spouse

Special bequest i.t.o.will 400 000.00
1/4 residue 100 ooo.00
Award consists of f/p 400 000.00
movables 100 000.00
500 000.00

To ...... married i c o p to ......

1/4 i.t.o. the will 100 000.00
Award consists of cash

to ...... married o c o p
marital power excluded
1/4 i.t.o. will 100 000.00
Award consists of cash

To ...... minor born .....

id no .......
1/4 i.t.o.will 100 000.00
Award consists of cash
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800 000.00 800 000.00
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INCOME ACCOUNT

Rentals received 8 5 000 00

Interest on bond 9 1 000.00

Executors commission 250.00
g s t 25.00

Balance for distribution awarded to

............. surviving spouse 3 725.00

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5 000.00 5 000.00
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FIDUCIARY ASSET ACCOUNT

No fiduciary assets

CERTIFICATE

I .............. hereby certify that the above account is true and correct
and that all assets and income collected to date of account has been
disclosed therein.

..................... date ..............