Why do more couples decide to end their marriage in January than in any other month? New year, fresh start? This article, reprinted from News 24, examines the phenomenon. JANUARY is famously known worldwide, including here in South Africa, as the “divorce month”. Most likely thanks to the festive season, many unhappy husbands and wives […]
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 […]
Did you know that January 6 was World Divorce Day? When you are going through a divorce and feeling emotionally fragile, it’s hard enough to focus on the practical aspects of child care and division of assets. Your will might be the furthest thing from your mind. However, as this article from the Phoenix Sun […]
Government pension fund members will no longer accrue pension debt after a divorce settlement payout We’ve written about divorce and pension sharing recently. It can be the most contentious aspect of a divorce, particularly where one partner is a high earner and the pension fund represents a significant asset. It can be particularly emotive because, […]
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 […]
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 […]
No couple believes on their wedding day that their newly minted union will end in divorce. The stark reality is however that just under half of marriages in South Africa do not last 10 years. And many of us have little to no understanding of how our various assets, (including your pension) will be split […]
Marry with your heart and your head. You are in love and completely infatuated, but you still need to think about this without emotion. People think that marriage is forever, but unfortunately for one out of every two people, it’s not the case. Plan for the worst, and this doesn’t only mean for divorce; what […]
