Divorce in South Africa, especially when married in community of property, can complicate business ownership. Discover how companies are handled during such divorces and learn essential strategies for directors to safeguard their stakes before separation. Protect your business with these practical insights.
Contrary to popular belief, the Recognition of Customary Marriages Act does not require the marriage to be registered to be valid. This means that parties can divorce even if their customary marriage is not registered with Home Affairs.
Divorce can be weaponised by a financially stronger spouse to create undue pressure and hardship. Rule 43 and Rule 58 act as safeguards, ensuring that both parties can maintain a reasonable standard of living and have fair access to legal representation during this turbulent time.
Claiming funds from a deceased loved one's bank account in South Africa involves notifying the bank, obtaining necessary documents, and understanding the roles of executors and administrators. This guide outlines the steps and provides contact details for major banks' deceased estates departments.
In South Africa, minor beneficiaries face the prospect of funds being locked into the Guardian's Fund, a government-managed entity. While intended to protect minors' interests, this process can be lengthy, bureaucratic, and subject to administrative fees.
Are your family trust assets truly safe in the event of a divorce? Discover the hidden risks as we unravel when South African courts can pierce the veil of trust protection. Learn essential tips to safeguard your trust and preserve your legacy amidst marital turbulence.
Embarking on homeownership in South Africa? Prepare for deposit, transfer duty, and legal fees. We're here to guide you through the maze of expenses so you can make informed decisions and start this new chapter of your life on the right foot.
Navigating a commercial lease? Watch for clauses on rent escalation, maintenance responsibilities, and early termination rights to safeguard your business interests under South African law.
At MJM Attorneys, we specialize in providing expert conveyancing services tailored to the unique needs of our clients across South Africa. From property purchases to title deed transfers, trust us to navigate your transactions with precision and efficiency.