A will states expressly that:

“Any gifts made to my children during my lifetime shall not be brought into
account on my death.” Indicate which statement is correct:

Question

A will states expressly that:

“Any gifts made to my children during my lifetime shall not be brought into
account on my death.”     Indicate which statement is correct:

Answer

The clause is effective only if the Master of the High Court approves
it.

Answer

The testator may validly exempt lifetime gifts from collation; the clause will be
effective unless it conflicts with statute or public policy.

Answer

The clause operates to convert the lifetime gifts into fideicommissa.

Answer

The testator cannot waive collation; such a clause is always void.

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