Reuters Reprinted from iol.co.za – 2020-12-15 A pension fund’s reluctance to respond to the Pension Funds Adjudicator about a complaint, despite being approached to do so on no less than four occasions, has been referred to the Financial Sector Conduct Authority (FSCA). The FSCA is responsible for market conduct regulation and supervision, ensuring a fair […]
Reprinted from iol.co.za – by Phia van der Spuy – 2020-11-11 Phia van der Spuy is a registered Fiduciary Practitioner of South Africa®, a Master Tax Practitioner (SA)™, a Trust and Estate Practitioner (TEP) and the founder of Trusteeze®, a professional trust practitioner. Photo: File The reality is that almost half of all marriages end […]
A judge has ruled that a man must pay his wife the monthly amount of R69 384.48. Picture: File Pretoria – A wealthy Cape Town medical specialist may find himself behind bars for two months if he does not pay his ex-wife more than R1.5 million in maintenance arrears by this time next month. Judge […]
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 […]
What is forfeiture of benefits and when is it justified? If you marry in community of property you assume that your marital estate is jointly held, and in the event of divorce you will split your assets equally. This is the definition of marriage in community of property and a fair assumption to make. However, […]
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 […]
A woman getting divorced wants her husband to be fined for not paying fully for their dogs. Picture: FileReprinted from the Pretoria News, by Zelda Venter – 2020-10-08 Pretoria – A divorcing woman asked that her estranged husband be fined R20,000 for contempt of court because, among other things, he did not fully pay […]
We’ve written about divorcing with dignity in the past, something we think is important for everyone involved, not least the children of the union. Sadly, dignity often goes out the window when a marriage ends painfully. In this case that came before the Gauteng High Court last month, it appears that dignity disappeared before the […]
