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, […]
Another consideration for high-net-worth and later-life divorce Divorce is inevitably emotional, messy, and complicated. It can even be traumatic. And the more complex and valuable the joint estate, the more sensitive and difficult the division of assets. We’ve written about the treatment of a second property in divorce and the perils of hiding assets (don’t […]
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 […]
Who gets the holiday home? Stories about celebrity couples going through divorce always make the news. Most of us have little sympathy with squabbles over multiple properties and outrageous claims for maintenance. It’s hard to feel compassion for the trials and tribulations of the wealthy when so many South Africans are struggling to make ends […]
The role of the forensic accountant “Whoever controls the data controls the narrative,” said an anonymous divorcée from Virginia in the US. She hired a forensic accountant when her marriage ended and she suspected her husband, a business owner, of being less than transparent about the value of that business. As she had not worked […]
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 […]
When equal distribution of assets is simply not fair Matrimonial regimes only become relevant when a marriage is dissolved. Marriage out of community of property is a theoretical and legal concept when two people are happily married and sharing their lives. However, if the marriage breaks down and divorce looms, the couple married out of […]
Innovative financial strategies in divorce Divorce is a complex and emotional process, especially when it comes to dividing finances and assets. A settlement perceived as fair by both parties lets them move forward with financial stability and without smouldering resentment. But asset division is rarely a smooth process, even in marriages in community of property […]
