Question 4 Mali Mengi (aged 57) died in a road accident on 31 December 1999....
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Question 4 Mali Mengi (aged 57) died in a road accident on 31 December 1999. On 1 May 2000 after his executors had paid all debts, (except for the mortgage on his freehold house and debt to Mkopeshaji) testamentary and funeral expenses, his estate was ascertained as follows: Sh.000 Sh.000 Cash in bank accounts Freehold house Toyota corolla Nissan sunny Television and music system Debt due from Pungulu Furniture and personal effects 10,000 ordinary shares in Cement Ltd. 4,500 ordinary shares in Soko Mjinga Ltd. Sh.800,000 10% Kenya stock Income received to date Interest Dividend from Soko Mjinga Limited Less: Mortgage interest paid 31 March 2000 230 37 267 120 4,250 3,250 360 220 105 40 302 1,200 370 165 147 10,409 Extracts from Mali Mengis will left bequests as follows: 1. To each of my sons, Kikwajuni, Mnazini and Mwembeni Sh.1 million. 2. To my wife Darajani, I leave my furniture, household an
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