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 […]
How is maintenance calculated on divorce in South Africa? In South Africa, the Divorce Act 70 of 1979 makes provision for spousal maintenance to be paid at the discretion of the court. It is not an automatic right and can be a highly charged subject. Laws and practices vary around the world, but in general […]
How long should spousal maintenance be payable? Long ago, women gave up working when they had children. Even longer ago, they gave up working when they got married, or they didn’t work outside the home at all, waiting for the right man to come along so they could fulfill their destiny as wife and mother. […]
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 […]
Defaulting on maintenance payments can have very serious consequences, as this article from the Pretoria News explains. Reprinted from iol.com, by Zelda Venter – 2021-07-23 Pretoria – The high court in Pretoria has ordered the provisional sequestration of a man who owes more than half a million in maintenance arrears to his former wife. The […]
The impact of divorce on finances can be considerable. It prevents some people from considering divorce. Good financial planning is essential, as this article from Moneyweb explains. Reprinted from Moneyweb – by Michael Haldane of Global and Local Investment Advisors – 2021-07-16 Getting divorced is messy enough before you start dividing assets. In this article […]
A traditional wedding at the Mvezo royal palace in the Eastern Cape. (Photo: Gallo Images / City Press / Khaya Ngwenya) Women in customary marriages can now inherit property, or ask for an antenuptial agreement. David Thomson, senior legal adviser at Sanlam Trust, says once the Bill is signed by the president it will mean […]
