Category Archives: Pension
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
Divorce and your retirement funds
The division of assets where a retirement fund or multiple retirement funds are involved is complicated. Image: Shutterstock Divorces can be complicated, especially when it comes to the division of assets where a retirement fund or multiple retirement funds are … Continue reading
When to review your life insurance policy?
When was the last time you went over your life insurance policy? Reprinted from Witbank News A general annual review is advisable to see if your insurance is up to date and whether you can still afford it. However, a … Continue reading
How should I tackle divorce debt on my pension fund?
It is important to have a holistic view of your entire balance sheet before making a decision. Due to my divorce, my former spouse was paid an amount of R182 726.25, which is debt on my pension with the amendment … Continue reading
The financial consequences of your marriage contract
How your choice of matrimonial property regime can impact you. Divorce Attorney Cape Town has written a lot about ante-nuptial contracts (ANCs), matrimonial property regime, pension splitting, and many other aspects of marriage and divorce law and finances. This article … Continue reading
Your marriage is over. What you should do in the first 72 hours
However much you are hurting, you must take some practical steps in the first 72 hours when your marriage is over We’ve written a lot about divorce with dignity, staying friends with your ex, co-parenting, etc. We are the first … Continue reading
Government Employees Pension Fund changes divorce “debt” rules
Government pension fund members will no longer accrue pension debt after a divorce settlement payout We’ve written about divorce and pension sharing recently. It can be the most contentious aspect of a divorce, particularly where one partner is a high … Continue reading
Divorce and pension sharing
Asset splitting on divorce includes pensions – or does it? There is probably no aspect of divorce more complex and contentious than the division of pension entitlement. Despite the introduction of “clean-break” legislation in 2007 by amendments to the Pension … Continue reading
