Your retirement fund can be attached for both arrears and future maintenance payments. One of the main benefits of a retirement fund is that your investment is protected from creditors – that is unless you fall behind on your maintenance payments....
Tracy writes: I met my husband after his divorce. The agreement when he divorced was that two properties would have to be sold and the money would be split between him and his ex-wife. However, the process of disposing of the properties has still...
Many couples underestimate the importance of their marriage contract, and the implications it has in the case of death or divorce. Watch Episode 16 of the Change in your Pocket series for a detailed explanation of the various marriage contracts. –...
Considering that almost three marriages end in divorce in South Africa, and research indicates that women are the hardest hit financially after divorce, finding your financial feet after this devastating event can be one of your lifelines....
Russell Anderson, consulting senior policy advisor at the Association for Savings and Investment South Africa (ASISA), says if you are a woman facing divorce, it is critical that you ensure that the wording of your final divorce order does not fail...
How the couple handle their finances, bank accounts and budgeting has a far greater ripple effect on a marriage than the perfect dress or the three-tier red velvet cake, writes Citadel Advisory Partner, Kirsten Smit. White dresses, wedding décor,...
Experiencing the emotional turmoil of a divorce is bad enough, but going through a divorce when you are financially dependent could make your problems even worse. Angelique Visser, Chairperson of the Fiduciary Institute of Southern Africa and...
South Africa is one of Africa's richest nations and we are seeing an increase in wealthy families. These families generally have one aim in mind – to grow wealth and, where possible, pass it on to future generations. Leaving a legacy is something...
There's only one thing more fascinating than a celebrity marriage, and that's a celebrity divorce. Particularly when it's messy, vituperative and, yes, expensive. But it's when we think of divorce as a corporate risk that it takes on another whole...
If you're divorced, or in the process of getting divorced, the issue of pension fund benefits is one you may want to think about. Remember that pension interest forms part of your spouse's assets, so you may be entitled to a claim, depending on...
