Can you change your marital regime after marriage?
A marital regime determines how parties’ assets will be managed and divided during their marriage and in the event of divorce or death. Changing the marital regime can provide parties with greater financial flexibility and protection. Understanding marital regimes In South Africa, there are three main marital regimes: In community of property: This is the default […]
A closer look at verbal agreements
Believe it or not, verbal agreements are still valid, enforceable, and legally binding contracts that can be relied on to govern legal relationships. Though there may be a few exceptions and key aspects that must be covered for the agreement to be legal, the biggest hindrance in verbal agreements may simply be human memory. Your […]