David Thomson, senior legal adviser at Sanlam Trust, says that the reality is that 40% of marriages end in divorce before their ten-year anniversary, citing Stats SA. And, divorce in general tends to be a very expensive affair. “Four out of 10 of the 25,326 marriages in 2016 came to an end before the ten-year […]
What are some of the benefits of setting up a trust? Explain some of the importance of trusts Identify the role of trustees Describe why setting up a trust is important right now Reprinted from FT Adviser by Dawn Goodman and Olivia Turner Trusts are one of the most enduring concepts in common law. They, […]
When was the last time you went over your life insurance policy? Reprinted from Witbank News A general annual review is advisable to see if your insurance is up to date and whether you can still afford it. However, a general rule of thumb is that you should always update your policy whenever you have […]
Reprinted from iol.co.za – 2020-06-30 Dr. Dre’s wife Nicole Young has reportedly filed for divorce after more than 20 years of marriage. The 50-year-old beauty filed paperwork to end her marriage to the ‘Still D.R.E.’ hitmaker – whose real name is Andre Romelle Young – on Monday after more than 20 years of marriage, according […]
When it comes to divorce, no one is immune from the pain it causes. We’re sorry to hear of the trials and tribulation of DJ Black Coffee and actor Enhle Mbali as their divorce is on hold. While having vast sums of money to argue about might seem an enviable position to be in, it […]
Image: Shutterstock The nature of your matrimonial property regime will determine how your assets will be divided in the event of a divorce. Acrimonious and litigious divorces are expensive, time-consuming and emotionally draining, and only serve to reduce the value that each spouse will ultimately receive in terms of the divorce order. If you’re contemplating […]
It is important to have a holistic view of your entire balance sheet before making a decision. Due to my divorce, my former spouse was paid an amount of R182 726.25, which is debt on my pension with the amendment to Government Employees Pension Fund (GEPF) law, which institutes the clean-break principle in respect of […]
Court rules that married couples can have more than one matrimonial home Divorce and the holiday home Recently, a case came before the Western Cape High Court in which a woman (the applicant) in the midst of a divorce case (called “pendente lites” – pending litigation) was unable to remain in the couple’s “holiday home”, […]
