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A popular misconception is that prenuptial agreements are only for the wealthy.
Anyone who has personal assets, liabilities, property or children from a previous marriage should consider a prenuptial agreement. A Prenuptial agreement can clarify the financial rights and responsibilities of each party during the marriage and the distribution of property in the case of divorce or death.
Prenuptial Agreement (ANC) can protect spouses from each other's debts. They can also spell out how one spouse's property can be passed on to children from a previous marriage or exclude certain assets from the estate of the other spouse. In addition, a prenuptial agreement can indicate whether one of the parties is to receive maintenance or money from the growth of accrual.
What the Prenuptial agreement cannot cover is anything illegal nor can the prenuptial agreement have a provision that goes against public policy for example: future child custody rights cannot be arranged in the agreement. Prenuptial agreements involve a time element. Prenuptial Agreement become effective on the day of the wedding and last indefinitely.
It is of outmost importance that the couple see an attorney / notary before they get wed. Discuss the possibility of prenuptial contracts well before the wedding. Unromantic as the subject is, it's important to remember that finances are an essential part of the marriage partnership. Discussing these matters before you take your vows may prevent problems from developing later. In addition to allowing sufficient time for planning, another basic rule in preparing a Prenuptial is to be truthful about your financial situation. If one person hides something, this omission can make the agreement invalid. Be frank and honest in discussing not just your finances but what you want out of a prenuptial agreement. Both parties need to agree on the goals of the prenuptial agreement.
The perception that some partners think that a divorce is inevitable once you signed the ANC must be (must be put to rest) we life in the 20th century .some things that need to be considered when thinking of an ANC are the following: If you have your own business, want to sign contracts independently of you spouse, open bank accounts get credit cards and buy a property
Your contract should be signed before you are getting married if not then you will automatically be married in community of property.

Most people are members of a family - by birth, marriage, adoption, guardianship or living together (cohabitation). Family law for example things like marriage, husbands and wives, parental rights and responsibilities, care and protection of children, guardianship and adoption, divorce and death. Traditionally, the idea of a family was of a working father, a mother working in the home and dependent children. But it is not so common to find this kind of family anymore. For example, many married women go out to work, in some families, especially in the rural areas, the children also work to support the family, illegitimate children (children born out of wedlock) and divorces mean that there are many 'single-parent families' and gay and lesbian couples can now legally form a civil union. It is hard to say what a typical South African family is. The Constitution and Bill of Rights guarantees non-discrimination and equality regardless of factors such as race, sex, gender, sexual preference, marriage and religion. This means that different types of families and marriages must be treated equally. While this chapter covers all the aspects of family law listed above, it also looks at the law regarding sexual and domestic violence, child abuse and neglect.

A last will and testament is the most important document of your life.

This legal document by which you identify those individuals your beneficiaries (or charities) that are to receive your property and possessions at time of your death. These individuals and charities are commonly referred to as the beneficiaries under your last will and testament. In addition, within the provisions of your last will and testament, you nominate an Executor to be responsible for the proper administration of your estate and the disposition of your property to your intended beneficiaries.Your Executor is entitled to receive 3.5% remuneration of the total of your estate. The Executor may be an individual or an institution. It is important to appoint someone with the knowledge and the ability to administrate your estate. After your death, the person or entity you have nominated to be your Executor formally request the Master of the High Court to be appointed as the Executor of your estate. After being appointed, the Executor manages your estate’s financial affairs and ensures that your property is distributed in accordance with your wishes as indicated in the last will & testament.

Also, if you have young children, you may use the last will and testament to nominate a Guardian(s) for your children who are under the age of 18 years at the time of your death and for whom a guardianship would be necessary (meaning that your children’s other parent is already deceased at your death).

If you have minor children the Last Will and Testament is also of outmost importance to ensure there is a testamentary trust in place and people you trust with your children’s finance / monetary benefits or assets.

Great care must be taken when you execute (sign) your last will and testament. South African law requires that you must follow certain steps to properly execute your will and testament. The failure to execute your last will and testament in the proper manner may invalidate the entire document thereby frustrating your intentions with regard to the disposition of your property on your death. Indeed, the failure to execute one's last will and testament in the proper manner is one of the most common reasons for invalidating the last will and testament in its entirety. In addition, if you wish to make changes to your last will and testament even changes that appear simple to you, you must do so in a very precise way or else that particular change or even the entire document will be invalidated. Your beneficiaries /heirs can bring an application to the High Court and be in the hands of a judge deciding over your assets. It is beneficial for your heirs if you have a correct last will and testament in place.

Our firm specialise for more than 8 years in this field.