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Posts Tagged 'getting married'

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Why You Need an Antenuptial Contract in South Africa

An antenuptial contract (often called a "prenup") is a legal agreement signed by two people before they get married. In South Africa, it serves to change the default legal consequences that would otherwise apply to their marriage under the Marriage Act and Matrimonial Property Act.

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Marriage in Community of Property: Risks & Benefits Explained

Marriage is more than just a commitment between two people—it is also a legally binding agreement that can significantly impact your financial future. 

In South Africa, the default system is marriage in community of property, unless a couple signs an antenuptial contract before the wedding. While this system offers benefits such as shared ownership of assets, it also comes with risks, particularly regarding debt liability and financial independence.

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