OUTCOMES OF TOPIC After studying this introduction to the tax implications of deceased taxpayers and deceased estates and estate duty, you should be able to: ✓ Understand the tax consequences when a natural person passes away; ✓ Understand what the role of a deceased estate is; ✓ Understand the difference between a deceased estate and estate duty; ✓ Understand how income received after date of death will be taxed; ✓ Understand how assets will be distributed to heirs or legatees; ✓ Understand what estate duty is and who is liable to pay estate duty. |