By: Natasha Archary
Divorce and breakups can be brutal. Emotions aside, the real issues arise when it comes to dividing your assets.
It’s only when you’re going through a divorce that you realise that the person you once loved and shared a life with, would do everything they said they would never do just to hurt you.
The divorce process is bitter and ugly and you will lose more than a spouse by the end of it, because it’s a costly affair.
When you’re married and going through a separation or divorce, it’s best to hire a lawyer to manage the process.
You may think you don’t need one, but you do, especially when matters become complicated with customary marriage issues.
If you get married without an anti-nuptial contract or prenup, you are automatically married in community of property.
This means your joint assets are split 50/50. While this may sound ideal, you will also be liable for any debt that your estranged spouse has accumulated during your marriage.
Judging by the responses received on Kaya Drive with Sizwe Dhlomo, a prenup is the way to go.
If you are married in community of property, you can still get out of it by drawing up an anti-nuptial contract with a qualified notary.
Before moving in with your partner, it’s important to remember that while the two of you may be committed to one another, you’re still NOT married.
It doesn’t matter that you’ve been together for years. So when you decided to move in together, remember that should you split up, there’s no legally binding document to protect you from losing your assets.
The ownership of the contested assets may come down to who actually paid for them.
It is a good idea to enter into a domestic partnership agreement to regulate what will happen to the assets acquired during the relationship should it come to an end. This agreement should be drafted by an attorney.
Women tend to may bad financial decisions all in the name of love.
Making big purchases with your partner when you’re unmarried could likely backfire. Keep receipts of everything, so that if things go south you have a leg to stand on.
Some of the disputes couples deal with are about who owns the vehicle/s they purchase jointly.
If he buys you a car and it’s on his name and has paid for it, the car is his.
It doesn’t matter that he gifted it to you, he will not be obligated to hand you the car should you break up.
Relationships, like with everything in life, comes with an expiration date, and it’s up to every individual to guard more than just their heart when entering into one.
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Every "Hive" needs a Queen B and Bonolo "Bee Sting" Molosiwa is Kaya 959's honey who brings in the money. With her bubbly personality, infectious laugh, Bee Sting radiates positive energy which is all you need to get your weekend off to the best start. Don't miss the Afrobeat Dancehall Ragga (ADR) Top 10 on The Hive with Bee Sting every Saturday from 18h00 - 21h00.
close Every "Hive" needs a Queen B and Bonolo "Bee Sting" Molosiwa is Kaya 959's honey who brings in the money. With her bubbly personality, infectious laugh, Bee Sting radiates positive energy which is all you need to get your weekend off to the best start. Don't miss the Afrobeat Dancehall Ragga (ADR) Top 10 on The Hive with Bee Sting every Saturday from 18h00 - 21h00.
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THIS PRIVACY STATEMENT FORMS PART OF KAYA 959’S TERMS OF USE POLICY. IF YOU DO NOT AGREE WITH ANY TERM OF THIS PRIVACY STATEMENT, YOU MUST CEASE YOUR ACCESS OF THIS WEBSITE IMMEDIATELY.
POPIA Act – To promote the protection of personal information processed by public and private bodies; to introduce certain conditions so as to establish minimum requirements for the processing of personal information; to provide for the establishment of an Information Regulator to exercise certain powers and to perform certain duties and functions in terms of this Act and the Promotion of Access to Information Act, 2000; to provide for the issuing of codes of conduct; to provide for the rights of persons regarding unsolicited electronic communications and automated decision making; to regulate the flow of personal information across the borders of the Republic; and to provide for matters connected therewith.
RECOGNISING THAT—
AND BEARING IN MIND THAT—
AND IN ORDER TO—
1.1.“Personal Information” means information relating to an identifiable, living, natural person and where it is applicable, identifiable, existing juristic person, including all information as defined in the Protection of Personal Information Act 4 of 2013.
1.2 Parliament assented to POPIA on 19 November 2013. The commencement date of section 1, Part A of Chapter 5, section 112 and section 113 was 11 April 2014. The commencement date of the other sections was 1 July 2020 (with the exception of section 110 and 114(4). The President of South Africa has proclaimed the POPI commencement date to be 1 July 2020.
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1.4. “Website” means the website of the KAYA 959 at URL www.kaya959.co.za or such other URL as KAYA 959 may choose from time to time.
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7.1. If you have any queries about this privacy policy please contact us by emailing [email protected]
