Something to know

This blog is in the process of renovation
Showing posts with label out of community. Show all posts
Showing posts with label out of community. Show all posts

Thursday, 20 December 2012

How to get an antenuptial contract in Port Elizabeth, South Africa

To get an antenuptial contract in Port Elizabeth (South Africa) is surprisingly easy.

  1. You and your fiance need to see the practical benefits of a marriage, which is legally out of community of property.
  2. Get a clear idea of what both of you would like from the arrangement.
  3. Phone a notary and make an appointment to discuss an antenuptial contract. Please note that you need to clarify costs and fees beforehand and be very clear on what is included and what is not.
  4. Be prepared for the consultation
    1. Bring along both your identity documents, proof of residence;
    2. If one of you were married before bring along the Divorce Order;
    3. Make a list with questions to ask about the contract, this is the time to ask them
  5. The consultation - notaries, despite their weighty responsibilities are in general in my experience very down to earth and friendly - so there is no need to be nervous.
  6. Ask all your questions and if make sure you fully understand.
  7. Provide all the information required by the notary.
  8. The notary will then draft the contract and supporting documents.
  9. A second consultation is the arranged to peruse the draft and deal with any remaining questions.
  10. The contract is then signed in front of the notary and two witnesses and of course the parties themselves.
  11. Once signed, the couple is provided with a letter which confirms the signature of the contract, for the marriage officer.
  12. The signed and sealed contract is then sent the attorneys close to our Deeds Office (Cape Town).
  13. These attorneys are known as correspondent attorneys and they lodge (hand in) the contract at the Deeds Office and track its progress to registration, when the Registrar registers the contract.
  14. The contract will then remain in the Deeds Office, where it will be scanned in.
  15. The original (duly registered) contract is then returned a few months later to the Cape Town attorneys who in turn return to the local attorney, who will keep same until you collect it.
This simple process is all it takes, the Notary does the rest.

Monday, 5 December 2011

Christmas and Marriages

Christmas is a special time of the year. In Port Elizabeth it is no different with Christmas almost here, along with the holidays and special time with those we love. It is therefore not strange that at this special time of the year many loving couples look to formalise their commitment to each other, by getting married.
With this decision, one also needs to look at the very important need of making sure that when you get married, that this loving commitment does not become a mill stone around your necks; all because you did not do your homework. In modern South Africa getting married, should in my opinion always be preceded by executing a antenuptial contract, also known as a marriage contract or in the US as a "prenup".

Contrary to many peoples' perceptions having a antenuptial contract is not anticipating divorce. Let me just look at this objection for a moment. An antenuptial contract looks at the situation where the marriage is ended; this may be through death which eventually befalls us all and is a very real consequence of being alive. In the event of divorce, we need to consider that many marriages end in divorce for various reasons. The fact is that whether or by divorce or certainly by divorce; all marriages end. This is not being cynical, this is fact.
In the modern contest, being married in community of property is not just inconvenient; is downright dangerous. So often people who initially decided to get married in community of property; later decide to change to out of community of property. This is an extremely expensive step, relative to the relatively inexpensive step of registering a antenuptial contract; in addition post nuptial registration requires all you creditors to be give notice; which can be difficult when you have built up a business.
In December the month when traditionally there are the greatest number of weddings it is important to make sure that you enter your marriage with the best chances for success.


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.

Monday, 11 July 2011

Ways to get married in Port Elizabeth, South Africa

In South Africa the principal ways to get married are:
  1. In community of property;
  2. Out of community of property - including the accrual system;or
  3. Out of community of property - excluding the accrual system. 
I would like you to remember that these blog posts are not legal advice - but it may in some simply way help you better understand your options, when thinking of getting married. It is important that you consult with a notary or an attorney to obtain proper legal advice.

In my practice most couples want one of these three options, in future posts I shall be looking at these various options.

It is important to note that should you want a marriage out of community of property - you need an antenuptial contract to be signed before a notary, before you get married, if not you are married in community of property.