An ANC can protect your assets and your marriage In South Africa, couples traditionally married in community of property. This is still the most common regime, here and in many countries. In this type of marriage both parties are the owners of the joint estate and, when they divorce, they split the marital property 50/50. […]
Reprinted from Moneyweb.co.za, by Devon Card – 2023-03-30 Exploring mechanisms that couples can employ to create financial independence for the parent who chooses to stay at home and raise the children. The decision to be a stay-at-home parent (SAHP), whether driven by personal values, cultural pressure, or emotional desire, can have enormous financial implications for […]
On Valentine’s Day thoughts turn to romance. Romantic gestures are fun, but don’t confuse them for love. As divorce lawyers, we sadly see many couples who love each other but can’t make their marriage work. (This doesn’t apply in all cases; some couples have fallen out of love, others have grown so apart in terms […]
In praise of marriage in community of property It’s common, in the event of divorce, for one spouse to keep the family home. Sometimes the asset may be sold. The spouses share the proceeds and go on to buy new properties that suit their new single lifestyle. But where there are children involved, one parent […]
Reprinted from BusinessTech, by Luke Fraser – 2023-01-22 The Supreme Court of Appeal (SCA) says separate agreements from an antenuptial contract – or prenup – are valid and enforceable. A prenup governs the matrimonial property system between two spouses and is entered into before a marriage concludes. However, there was recent confusion regarding the validity […]
Do you suspect your spouse has more financial assets than they claim? Divorce is a one of the most difficult life events many people will experience. Only bereavement is harder to bear. Admittedly, some people seem to sail through a relatively amicable and pain-free divorce, but they are the exception and not the rule. Divorce […]
If you’re a fan of the pop singer Adele, and even if you’re not, you can’t have missed the fact that the 30-year-old has released a new album, called…wait for it…30. And…not exactly a spoiler alert…it’s full of emotion, this time about her recent divorce. Divorce is an emotional business, but it’s also a costly […]
We’ve written extensively about divorce and finances and about matrimonial property regimes. We always encourage couples embarking on marriage to think carefully about their regime and whether an antenuptial contract is right for them. This article from the iol.com personal finance experts looks at financial planning before marriage. We agree that this unromantic but practical […]
