Pros and cons of liquidators and receivers in divorce proceedings Liquidators and receivers are more commonly associated with corporate failure. A liquidator is an individual or entity (often an accountancy firm) legally empowered to wind up a company’s affairs when it is closing – typically when the company is going bankrupt. A receiver is someone appointed […]
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 […]
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 […]
Beware of the misuse of trusts in a divorce case Divorce is never pleasant. Where there is a lot at stake financially, and particularly if the divorce is acrimonious, some spouses will attempt to keep certain assets out of the joint estate to avoid equitable distribution of assets and retain more than their fair share. […]
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 […]
Divorce is more than the end of a relationship Divorce is, first and foremost, an emotional event. Or is it? Historically, marriage was often not about love, but about property. Marriage was a foundation of economic and social stability. Marriages were frequently enacted to strengthen alliances or consolidate wealth or land. Marriage formed the basis […]
Lawyers say they are seeing an increasing number of divorce settlements featuring digital assets. Reprinted from cointelegraph.com, by Stephen Katte – 2023-06-01 Most crypto investors probably aren’t thinking about divorce or what will happen to their digital assets in the event of separation, but lawyers say it’s becoming a very common scenario as more people […]
In praise of marriage in community of property It’s common, in the event of divorce, for one spouse to keep the family home. Sometimes the asset may be sold. The spouses share the proceeds and go on to buy new properties that suit their new single lifestyle. But where there are children involved, one parent […]
