The impact of divorce on finances can be considerable. It prevents some people from considering divorce. Good financial planning is essential, as this article from Moneyweb explains. Reprinted from Moneyweb – by Michael Haldane of Global and Local Investment Advisors – 2021-07-16 Getting divorced is messy enough before you start dividing assets. In this article […]
A traditional wedding at the Mvezo royal palace in the Eastern Cape. (Photo: Gallo Images / City Press / Khaya Ngwenya) Women in customary marriages can now inherit property, or ask for an antenuptial agreement. David Thomson, senior legal adviser at Sanlam Trust, says once the Bill is signed by the president it will mean […]
File Image: IOL Although the official statistics for South Africa’s divorce rate during Covid-19 are yet be released, globally, the pandemic sent divorce rates soaring by up to 30% or more during 2020. According to DIY Legal, South Africa ranks in 83rd place out of 154 countries for divorce. “An issue that is often overlooked […]
Brexit has been likened to a divorce on more than one occasion; like many marriages, the UK and Europe’s relationship began with high ideals and a desire for harmony. As time progressed, the marriage strained and the partnership has headed for a messy divorce. Amidst volatile politics in the UK, and a global pandemic, many […]
Changing your marriage contract can be a lengthy and expensive process Reprinted from moneyweb.co.za, by Eric Jordaan – 2020-12-01 Image: Shutterstock Many couples, unaware of the implications of being married in community of property, opt to get married without an ante-nuptial contract. It is often only during the course of the marriage that couples become […]
Divorce, just like death, is a life event that has a significant impact on financial planning. Unlike death, however, it is not something planned for which could have a detrimental impact on personal finances. Divorce is stressful with many legal issues to consider. How finances are to be separated should not be neglected and not […]
SD Law welcomes these new marriage and civil union laws, which aim to strengthen our constitutional right to non-discrimination and to protect women in traditional marriages. Reprinted from Business Tech – 2020-10-23 President Cyril Ramaphosa has assented to two new pieces of legislation which bring changes to some South African marriages and civil unions. The […]
This marriage regime may be a good fit for couples getting remarried later in life. Image: Shutterstock In an out of community of property marriage, there is no joining of the spouses’ estates into one joint estate, meaning that each spouse retains full control and contractual capacity of their estate which includes all assets and […]
