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Besides certainty antenuptial contracts bring legal effect to matrimonial property regimes and this is crucial with regards to entering contracts, as well as in the event of divorce, maintenance and devolution of deceased estates.
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Despite which spouse would have contributed more to the breakdown of the marriage relationship, often the one with less economic power will be the most economically affected after the marriage relationship dissolves.
South Africa moved back to Adjusted Level 3 of lockdown restrictions at midnight on 28 December 2020. This was in response to the resurgence of the COVID-19 pandemic albeit in a newly discovered variant which, experts say is more infectious.
Local government authorities come up with town planning schemes as part of their mandate, which involves the division and allocation of land for particular use.
The land is then developed according to the rights attached to it in terms of such allocation, which is known as zoning e.g residential, industrial, recreational, agricultural, business hub.
Even though governments do all they can to safeguard the authenticity of public documents, criminal syndicates have somehow managed to have new tricks up the sleeve. For this reason, authentication of public documents is crucial.
Although the administration of a deceased estate involves the distribution of benefits to legatees and beneficiaries, the law also requires that applicable taxes and deductions be made before any distribution can be made.
It is important that deductions and taxes are taken into consideration during estate planning and when a will is drawn as this is a complex process especially when the concerned has died.
The legal status of a marriage is determined by the legal regime of the country where it was solemnised or concluded.
There are reasons for this, chief among them being that a marriage is in essence an agreement between at least two consenting parties, where reciprocal obligations arise.
Jurisdiction in respect of contractual disputes is mainly (not exclusively however) founded where the contract was concluded.
It is not uncommon that at the behest of a moment of deep romance, parties in romantic relationships find themselves making decisions which have far reaching implications pertaining to their individual estates, when a marriage is eventually concluded.
Setting up a trust is aptly a trusted way to secure inheritance for the benefit of beneficiaries.
A trust can be described as either an inter vivos trust (living trust) which is set up during the life time of the trust founder, or a testamentary trust whose set up is provided for in a will, to be set up when the testator passes away.
In an effort to recover utility arrears, some municipalities have had to resort to unconventional methods of debt recovery. This has primarily been due to the fact that the recovery rates of outstanding rates arrears have been poor.
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