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Decoding Divorce: Business Interests in South African Community of Property Marriages
The parties’ business interests are included as part of the joint estate for the purpose of divorce. Each spouse’s shareholding in the business is the relevant factor in the calculation of the joint estate.
Smart Lending: Safeguarding Your Interests Before Loaning Money in South Africa
Before extending a financial hand, secure your generosity with clear documentation and legal mechanisms, ensuring a harmonious lending experience in South Africa. Explore Acknowledgment of Debt, Surety Agreements, and more for a smart approach to lending.
Untying the Knot: Exploring Customary Marriage Divorce in South Africa – Answers to Your FAQs
While registration of customary marriages with Home Affairs is encouraged to formalise the union and ensure legal recognition, the absence of registration does not negate the validity of the marriage.
The Complementary Role of Wills and Family Trusts in South Africa
A will serves other essential purposes beyond asset distribution. In South Africa, it can include vital instructions on handling one's remains and burial preferences. This is particularly crucial for those who wish to express their desires regarding funeral arrangements, memorial services, or even the choice of burial location.
Fortune Funnels: Kickstart 2024 with Estate Planning – Because Leaving a Legacy is the Classiest Resolution
Estate planning is a crucial step in securing your legacy and ensuring your wishes are honored. It provides peace of mind by safeguarding your assets, minimizing tax implications, facilitating a smooth transition of wealth to your loved ones.
Can You Buy or Sell Your RDP Before the 8 Years Lapses?
Never buy an RDP house from an owner who has not held the property for over eight years. Here's why.
RAF Loss Of Support Claims: All You Need To Know
A suitably qualified attorney can advise on the amount to claim, create a strong case to support your claim and represent your interests in settlement or court proceedings. This dramatically increases the likelihood of a successful claim and a rewarding payout.
The Real Costs of Owning Property in South Africa
Dreams of homeownership in South Africa often come with hidden costs beyond the property price tag. As the Reserve Bank's interest rate decision looms, new buyers must not only anticipate mortgage changes but also unveil the intricacies of transfer duties, bond costs, and maintenance expenses. In the dance of property acquisition, being well-informed about both visible and concealed expenses is crucial for a financially sound journey.
Marriages in Community of Property for Millennials
One significant drawback of marriage in community of property is the shared financial liability. In this marital arrangement, both spouses become jointly responsible for each other's debts, potentially exposing one partner to unforeseen financial risks stemming from the actions or obligations of the other.
Weathering The Storm: Navigating Vehicle Insurance Claims In The Aftermath of Hailstorms
The ombudsman for short term insurance received 15 228 complaints in 2022, and complaints about motor insurance again made up most of the complaints with 4 446 (16.28%) and R39 642 212.59 finding its way back to consumers.
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