Pros and cons of liquidators and receivers in divorce proceedings Liquidators and receivers are more commonly associated with corporate failure. A liquidator is an individual or entity (often an accountancy firm) legally empowered to wind up a company’s affairs when it is closing – typically when the company is going bankrupt. A receiver is someone appointed […]
The future of digital asset division In today’s rapidly evolving digital landscape, cryptocurrency has emerged as a credible financial asset. While initially considered niche and speculative, cryptocurrencies such as Bitcoin and Ethereum are gaining acceptance, with individuals and businesses investing in these decentralised assets. According to the FSCA’s Crypto Assets Market Study, conducted in 2022, […]
This article on the two-pot pension system is the second in our three-part series on divorce in later life. What do changes to the Pension Act mean for couples divorcing in later life? If you have an occupational pension or pay contributions to a retirement annuity (RA), you will be aware of the changes in […]
Quick answer: Property division in divorce in South Africa depends first on the couple’s matrimonial property regime: in community of property, out of community of property with accrual, or out of community of property without accrual. The next question is practical: whether assets will be sold, transferred, offset against other assets, retained by one spouse, […]
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 […]
How to keep a late divorce from ruining your life There is a notable difference between divorce in the early years of a marriage and later in life. In the former, spouses tend to grieve the future they had planned together. Aspirations they may have had for buying a bigger house, raising their children together, […]
