
Investec Specialist Bank F-NWI-01 2014-2025 free printable template
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We are busy with a series on 10 things to do during different stages of one's life today we are going to discuss the game things to do when x or not when young and single we are often warned that marriage is not trivial matter and the decisions relating 18 should be taken seriously it filled beer two ever discuss the huge impact the impending nuptials will have only finances given dragged our discussions about bank balances are unromantic, but you can show your loved one that you take an interest in all aspects of your marriage by obtaining to the following very important financial matters after all marriage is an investment that pays dividends if you pay interest the first matter to be attended to you is to decide on a suitable marital regime we are three marital regimes applicable in South Africa each with its own pros and cons what's applicable to your marriage your marital regime can only be amended on application to the higher court this is a costly and onerous process and these therefore recommended an expert advice be obtained before choosing a mallet or regime your financial advisor is likely to have valuable insight into your financial background your assets and liabilities business interests and risk it is therefore advisable to consult your financial advisor before choosing a marital regime once you've decided on a marital regime you have to conclude an anti-natural contract many consider an adding-up subcontract to be a mirror Curdle of the chosen marital regime and as I am much more versatile agreement and can include any provision provided it is lawful you can for instance to give your spouse certain assets at the happening of certain events like a birth of a child or specific wedding anniversary you can also exclude certain assets from a marriage in community of property or from application of the pool system an anti-natural contract is also a very useful estate planning tool in that life insurance policies donated to your surviving spouse or child of a deceased under an aunt natural contract is excluded from the deceased estate it is also important to remember that the ad natural contract does not only govern the division of assets and liabilities on divorce but also finds application on death the division of one's essence is dealt with in a world, but the anti-natural contract determines what once assets are and as an aunt natural contract is not easily a mainland one should carefully consider which assets to exclude from and which assets to include in your chosen marital regime also take the time to describe those assets carefully in your ante nuptial contract if no valid ante nuptial contract is entered into before the wedding your marriage will automatically be in community of property if you therefore wish for one of the other marital regimes to apply you'll have to conclude a valid ante nuptial contract before saying I do this also applies to partners work including a civil union in terms of the civil union Act a further...
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