How your choice of matrimonial property regime can impact you. Divorce Attorney Cape Town has written a lot about ante-nuptial contracts (ANCs), matrimonial property regime, pension splitting, and many other aspects of marriage and divorce law and finances. This article from Moneyweb summarises and supports all our advice. The matrimonial property regime that you choose […]
Planning a wedding is a romantic time. It is also a time of considerable financial and practical consideration, as weddings are an expensive business. However, couples often fail to look beyond the wedding to the financial consequences of their marriage. Selecting a matrimonial property regime and potentially drafting an antenuptial contract are critical issues to […]
This article from iol.co.za about divorce finances illustrates the importance of considering your marital regime carefully and protecting your assets with an antenuptial (or postnuptial) contract. Emotions — and expenses — often run high during a divorce, but people and their bank accounts can bounce back given enough time. A new study from Fidelity Investments […]
It’s complicated: Why more and more tech start-up founders are demanding prenups Young couples contemplating marriage often think of antenuptial contracts, or “prenups“, as something either for their wealthy counterparts or for second marriages, when each partner is bringing a history of asset accumulation to the marriage. In the first flush of love, couples often […]
This Marriage Week, we look at how a postnuptial contract can strengthen marriage We recently wrote about the vexed issue of divorce and pensions. After the marital home, the pension is often the biggest asset to divide and the one that can cause the most contention, usually because it is the direct result of one […]
Asset splitting on divorce includes pensions – or does it? There is probably no aspect of divorce more complex and contentious than the division of pension entitlement. Despite the introduction of “clean-break” legislation in 2007 by amendments to the Pension Funds Act 24 of 1956 (PFA), fair and equitable sharing of pension fund assets is […]
An antenuptial contract with accrual is a fair concept, but it is not always appropriate Antenuptial contracts (ANCs) are a fairly standard part of modern wedding preparations. Prior to the Matrimonial Property Act of 1984, antenuptial contracts did exist, but were exceptional. The majority of marriages were in community of property (still the default marital regime in […]
Why you might enter into an antenuptial contract Antenuptial Contract – Two people planning a wedding think their love will last forever. Why else would they be intending to marry, if not to live happily ever after? Unfortunately, statistics prove that this does not always happen. In fact, according to Stats SA, roughly four in […]
