Pretoria – Three brides, two of whom the first wife did not approve of, came back to bite a husband as his first wife obtained an order that he may not receive half of her pension benefits upon their divorce. Reprinted from iol.co.za, by Zelda Venter – 2023-10-24 The husband, who, ultimately, had four wives, […]
The division of assets where a retirement fund or multiple retirement funds are involved is complicated. Reprinted from Moneyweb by Eric Jordaan – Crue Invest (Pty) Ltd Image: Shutterstock Divorces can be complicated, especially when it comes to the division of assets where a retirement fund or multiple retirement funds are involved. As it currently […]
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 […]
What you need to know about divorce and your finances If you’re contemplating or going through a divorce, your key concern is extracting yourself from a once-happy situation that has turned at best unproductive and at worst toxic. You want to enable a more life-affirming environment for yourself and your children, if you have them. […]
Unpacking the complexities of claiming a share of your member spouse’s pension interest. Reprinted from Moneyweb, by Eric Jordaan – 2022-08-24 Retirement funds and property generally rank as a couple’s most valuable assets and yet, when it comes to divorce, it remains surprising how much time couples spend fighting over the smaller stuff. Further, given […]
Can an ex-wife claim maintenance arrears from her ex-husband’s retirement fund? A case came before the Gauteng High Court recently in which a woman had deducted funds from her ex-husband’s retirement funds for child maintenance arrears. The applicant was the ex-husband, who claimed that it was unfair for an application for withdrawal of funds to […]
Johannesburg High Court rules that mother did not have to give notice before taking money for maintenance arrears Reprinted from GroundUp, by Tania Broughton – 2022-05-06 The Johannesburg High Court has ruled that a mother whose ex-husband owed maintenance payments for their children was entitled to take money from his pension without notice. Judge Tina […]
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 […]
