Understanding Antenuptial Contracts in South Africa: Your Guide to a Secure Future
Antenuptial contracts play a pivotal role in shaping the financial landscape of a marriage. Particularly in South Africa, where divorce rates are noteworthy, it's crucial to comprehend the implications of various matrimonial property systems. Let's delve into the essence of antenuptial contracts and how they can safeguard your future.
What is an Antenuptial Contract?
An antenuptial contract is a legal agreement made by two individuals before getting married. It's key in deciding how assets will be divided in the case of divorce or the death of a spouse. Given the high incidence of divorce in South Africa, recognizing the benefits and implications of different marriage contracts is crucial.
The Matrimonial Property Systems in South Africa
Marriage in Community of Property
In this system, the assets and debts of both spouses are combined into a joint estate, with equal management rights and responsibilities for both. However, creditors can target the joint estate for any insolvency issues, making it a less appealing option for some.
Marriage Out of Community of Property with the Accrual System
This option requires an antenuptial contract before marriage, allowing each spouse to maintain individual control over their assets. The accrual system comes into play upon dissolution of the marriage, ensuring a fair division based on the growth of each estate.
Marriage Out of Community of Property without the Accrual System
Here, spouses keep their estates separate throughout the marriage. This system provides a clear asset division from the start, without comparisons of estate growth upon dissolution, unless specific agreements are in place.
It's possible to change the matrimonial property system after marriage, but this requires meeting certain conditions, including creditor notification and justifiable reasons for the change.
Different Types of Unions and Their Implications
South Africa recognizes several types of marriages, including civil marriages, civil unions, and customary marriages, each with unique matrimonial property rules. Choosing the right marriage property system is vital for future security.
Special Antenuptial Contract Offer - Only R1450.00 all Inclusive
Don't miss this exclusive opportunity to protect your marital assets! For a limited period, you can obtain your antenuptial contract at the unbeatable price of just R1,450.00.
This comprehensive package not only offers you the expertise of professional contract drafting and efficient registration with the deeds office but also includes a thorough consultation tailored to your needs.
The Process Simplified
Our streamlined process ensures that securing your antenuptial contract is hassle-free and efficient, from initial drafting to final collection.
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Drafting and Pre-Approval: We begin by drafting your antenuptial contract, tailored to your specific needs. This draft is then sent to you for your pre-approval, ensuring it meets your exact requirements.
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Signature and Notarization: After your approval, the contract is signed in the presence of a Notary Public. This step is completed before your wedding, solidifying the contract's legal standing.
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Confirmation and Registration: We issue a confirmation letter for the marriage officer and proceed with registering the contract at the deeds office, making it officially recognized.
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Collection and Courier: Once the registration is complete, we will inform you to collect the registered contract. Alternatively, we can arrange for the contract to be couriered to you.
Why Choose Our Offer?
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Flexible Consultation Options: We understand the demands of your schedule. That's why we offer both online and in-person consultations, ensuring you receive our full support, no matter where you are in South Africa.
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Professional Drafting: Our experienced team will draft a contract that accurately reflects your wishes, providing you with the security and peace of mind you deserve.
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Efficient Registration: We handle the entire registration process with the deeds office, ensuring a smooth and hassle-free experience for you.
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Accommodating Your Schedule: With options for after-hours and Saturday appointments, we make sure that securing your future doesn't have to disrupt your present.
Take advantage of this limited-time offer to safeguard your future with your loved one. Our dedicated team is ready to support you through every step of the process, offering flexibility, professionalism, and convenience. Secure your antenuptial contract now, and enjoy the peace of mind that comes with knowing your assets are protected.
Related Antenuptial Contract Articles
Should you want to register an ANC, you need to consult an attorney who does ANC’s as soon as possible. Don’t wait too long! The word “ante” in Antenuptial Contract means “before” - and the law requires that the ANC be executed in the presence of a Notary prior to the wedding.
Let's get the process started, send us your information and we will get back to you as soon as possible.
Or if you’d prefer to have a quick, obligation free chat, simply call or WhatsApp us on 071 863 8216.
Tel: 010 140 5775 Cell: 071 863 8216 Email Us: admin@Lninc.co.za
