Thank you. I wish our people can juat realise that not signing for in community of property does not mean you don't love one another... We protect each other because we love one another. Lol😁
Hi Atlegang. Thank you for this video , so informative and easy to understand. May I ask what happens if 3 months has passed after lobola celebrations and you haven’t signed at Home Affairs?
Nolwazi Makibelo ... one will first have to determine the deceased’s spouses estate value. Assuming there is no will, If deceased was married in community, then wife first gets half of joint estate, then deceased’s half gets distributed amongst the descendants. If married out, then you determine the deceased’s estate value and distribute straight after settling liabilities, if married out with accrual, same applies after working out estate value as explained in my video. So with out of community, the living spouse does not have a claim to the deceased’s estate in terms of matrimonial law, but they do in terms of intestate succession (where there is no will). Whereas in community, the living spouse first gets half of the deceased’s estate value before intestate succession kicks in.
Sorry, correction in my last sentence, the living spouse first gets the half share of the joint estate, then the other half is distributed according to intestate succession
With regards to inheritances under out of community with accrual, does the exclusion apply only to the inheritance itself or does it extend to growth within that inheritance? Example if I inherit R1000 000 which I invest and at the time of divorce it's grown to R2million. Is the whole R2million excluded or just the original R1 million that was inherited? 🙈 Said a mouth full there hope it makes sense
Hey Mbali. inheritances are automatically excluded, so any inheritance obtained during a marriage is automatically excluded from the accrual system. Inheritance obtained before the marriage should be recorded in the ANC and the growth thereto will be excluded 🌸
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Thank you. I wish our people can juat realise that not signing for in community of property does not mean you don't love one another... We protect each other because we love one another. Lol😁
Katlego Motshabi haha people like spiritualizing these things for nothing 😅
Women don't agree with it, hence ANC is now declared unconstitutional because women can't get their hands on to your assets.
Another great refresher! 👍
#Legal
#MarriageRegimes
Hey now, it is very good to be informed before getting into any form of agreement. Thank you Atli ❤️
Yolanda Maree pleasure dear 🙂
Always wanted to know about this. Great video, Atl 👌🏽🌸
Yay!!! 💃🏽💃🏽💃🏽
I wish you can expound more in detail pertaining this 🤔, this was and is great
Thank you sis 😊🙏🏽I now have a clearer understanding!!
Tumilee pleasure 🙂
Thank you for the information, very profound
I am new here, just discover the channel Yesterday 💥❤
This is so informative, thank you 👏🏾
👍👍
This is good advice please keep it up
Thank you 😊
Thank you for the sound wisdom (01:59)😂 It is noted, lol.
😂😂
Hi Atlegang. Thank you for this video , so informative and easy to understand.
May I ask what happens if 3 months has passed after lobola celebrations and you haven’t signed at Home Affairs?
Hello. Nothing happens. It’s just regulatory but a lot of people don’t do it.
For me it’s the 1:59 wisdom 😂🔥
Tlale Ramafoko 😂😂😂
Hi Atlegang. Thank you for the video. When you say within 3 months of signing, do you mean 3 months before signing or 3 months after signing?
Hey there. 3 months after signing 😊
what happens when the spouse dies in these marriage regimes?
Nolwazi Makibelo ... one will first have to determine the deceased’s spouses estate value. Assuming there is no will, If deceased was married in community, then wife first gets half of joint estate, then deceased’s half gets distributed amongst the descendants. If married out, then you determine the deceased’s estate value and distribute straight after settling liabilities, if married out with accrual, same applies after working out estate value as explained in my video. So with out of community, the living spouse does not have a claim to the deceased’s estate in terms of matrimonial law, but they do in terms of intestate succession (where there is no will). Whereas in community, the living spouse first gets half of the deceased’s estate value before intestate succession kicks in.
Sorry, correction in my last sentence, the living spouse first gets the half share of the joint estate, then the other half is distributed according to intestate succession
With regards to inheritances under out of community with accrual, does the exclusion apply only to the inheritance itself or does it extend to growth within that inheritance? Example if I inherit R1000 000 which I invest and at the time of divorce it's grown to R2million. Is the whole R2million excluded or just the original R1 million that was inherited? 🙈 Said a mouth full there hope it makes sense
Hey Mbali. inheritances are automatically excluded, so any inheritance obtained during a marriage is automatically excluded from the accrual system. Inheritance obtained before the marriage should be recorded in the ANC and the growth thereto will be excluded 🌸
Even with in community of property, an inheritance is excluded when dividing the estate ✨