Part 1: Consequences of being married out of community of property including accrual
A marriage out of community of property is achieved by drawing up an antenuptial contract (ANC) prior to the parties marriage. One can either get married out of community of property INCLUDING the accrual or EXCLUDING the accrual. Section 4(1)(a) of the Matrimonial Property Act 88 of 1984 indicates that, the accrual of the estate […]
Antenuptial explained
An antenuptial contract (ANC) is an agreement entered into between two parties prior to their marriage. There are two forms of antenuptial contracts, those including the accrual and those excluding the accrual. Section 4(1)(a) of the Matrimonial Property Act 88 of 1984 provides that, the accrual of the estate of a spouse is the amount […]