Dealing with hidden assets in divorce

The role of the forensic accountant “Whoever controls the data controls the narrative,” said an anonymous divorcée from Virginia in the US. She hired a forensic accountant when her marriage ended and she suspected her husband, a business owner, of being less than transparent about the value of that business. As she had not worked […]

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Protecting high-value assets during divorce

high-net-worth divorce

High-net-worth divorce requires special handling After eight years, the divorce between Brad Pitt and Angelina Jolie was finally announced at the very end of last year. The proceedings were acrimonious, with the extensive delay apparently caused by a legal dispute over a multi-million-euro wine estate in France. Eight years is a long time for divorce […]

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Forfeiture of patrimonial benefits

When equal distribution of assets is simply not fair Matrimonial regimes only become relevant when a marriage is dissolved. Marriage out of community of property is a theoretical and legal concept when two people are happily married and sharing their lives. However, if the marriage breaks down and divorce looms, the couple married out of […]

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Securing a fair settlement

Innovative financial strategies in divorce  Divorce is a complex and emotional process, especially when it comes to dividing finances and assets. A settlement perceived as fair by both parties lets them move forward with financial stability and without smouldering resentment. But asset division is rarely a smooth process, even in marriages in community of property […]

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Hidden assets in family trusts

Beware of the misuse of trusts in a divorce case Divorce is never pleasant. Where there is a lot at stake financially, and particularly if the divorce is acrimonious, some spouses will attempt to keep certain assets out of the joint estate to avoid equitable distribution of assets and retain more than their fair share. […]

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Divorce settlement

Joint estate

Wife receives R2.2 million from husband’s property acquired before marriage Reprinted from iol.com, by Sinenhlanhla Masilela – 2024-07-25 A Limpopo woman successfully persuaded the high court that she had the right to claim a share from a property given to her husband before their marriage. The couple, who were married in community of property, argued their divorce […]

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Why Angelina Jolie and Brad Pitt’s Divorce Has ‘Dragged on’ for 8 Years: ‘Neither Will Let It Go’

Reprinted from People.com, by Benjamin VanHoose – 2022-07-22 Things “turned nasty” and neither will let the “bitterness” go, says one source As Angelina Jolie and Brad Pitt get closer to settling their almost decade-long divorce dispute, the saga has taken its toll on the former couple. A source tells PEOPLE that prior to Jolie filing for divorce from Pitt in […]

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Two-Pot doesn’t mean you can hide money during a divorce

TWO-POT PENSION REGIME

Reprinted from iol.com, by Nicola Mawson – 2022-07-22 The pending implementation of the Two-Pot retirement scheme does not mean that those who wish to withdraw savings can use that method to hide money from a soon-to-be-ex spouse or get out of maintenance obligations in terms of minor children. The new retirement regime comes into effect […]

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