Something to know

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Thursday 1 September 2011

Marriage is a major step, no matter where you live. Here in Port Elizabeth, South Africa - marriage is no different. What one has to remember that your antenuptial contract, prenuptial or marriage contract is essential to ensure that your marriage is a marriage out of community of property.
It is vital to realise that this may be the most difficult part of an otherwise fairy tale run up to your wedding. In Port Elizabeth, South Africa where as a whole most people are relaxed; even here going to see the notary or a notary public; this is because when all is said and done, this is the one part of a wedding or marriage which deals with that difficult, awkward word - money. Most people want to ignore it and concentrate on the romantic and exciting stuff.
It is vital to realise that although it might be something which is difficult, its something that you have to deal with, not just for your sake but also for the sake of both your futures. In an ever challenging work environment more people are being forced into business it it not just convenient to be married out of community of property; its essential.
Before you say the "I do's" is the one time that you can choose to make the election. Most people who get married in community of property, sooner or later realise that practical considerations make it important to change to out of com. It costs a lot to change after your marriage is concluded.
This is because one has to apply to the High Court, which requires all your creditors being given notice and then you still need an antenuptial. I always arrange an initial meeting with the couple, to make sure that they are given all the facts and a relaxed environment, allows them to feel at ease and ask questions, which I have found helps everyone feel more at ease before deciding on the particular version and and specific terms.
As a notary of many years experience, I cannot emphasise it enough, that both spouses feel at ease with the antenuptial contract, in addition it is important that it is executed well in advance of the wedding.