Category Archives: Marriage
Divorcing Europe: Brexit and implications for international couples seeking to rely on UK divorce law
Brexit has been likened to a divorce on more than one occasion; like many marriages, the UK and Europe’s relationship began with high ideals and a desire for harmony. As time progressed, the marriage strained and the partnership has headed … Continue reading
Retirement savings: divorced spouse’s rightful claim
A divorcee can lay a claim to a portion of their partner’s monthly pay-out from a living annuity. Image: Shutterstock Early in 2020, a ruling by the South African Supreme Court of Appeal (SCA) promised relief for many divorcees who, … Continue reading
Divorce, living annuities and what you should know
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 … Continue reading
Ramaphosa signs new marriage and civil union laws for South Africa
SD Law welcomes these new marriage and civil union laws, which aim to strengthen our constitutional right to non-discrimination and to protect women in traditional marriages. Reprinted from Business Tech – 2020-10-23 President Cyril Ramaphosa has assented to two new … Continue reading
Marriage out of community without the accrual: what is it and what are the implications?
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 … Continue reading
Financial planning for couples married with the accrual system
What couples need to be aware of when making financial decisions. Image: Shutterstock If you’re married out of community of property with the accrual system, you will have an ante-nuptial contract in place which sets out the financial consequences of … Continue reading
Financial mistakes to avoid in divorce
If you don’t fully understand your rights you may financially compromise yourself. Image: Shutterstock Setting emotions aside during divorce proceedings is easier said than done. Making key decisions when you are hurt, angry, sad and stressed is never ideal as … Continue reading
The cost of getting divorced in South Africa
David Thomson, senior legal adviser at Sanlam Trust, says that the reality is that 40% of marriages end in divorce before their ten-year anniversary, citing Stats SA. And, divorce in general tends to be a very expensive affair. “Four out … Continue reading