{"id":285,"date":"2024-06-03T14:23:31","date_gmt":"2024-06-03T12:23:31","guid":{"rendered":"https:\/\/weddingready.co.za\/?page_id=285"},"modified":"2024-07-11T12:11:44","modified_gmt":"2024-07-11T10:11:44","slug":"antenuptial-contract","status":"publish","type":"page","link":"http:\/\/weddingready.co.za\/?page_id=285","title":{"rendered":"Antenuptial Contract"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"285\" class=\"elementor elementor-285\">\n\t\t\t\t<div class=\"elementor-element elementor-element-351e9dc e-flex e-con-boxed e-con e-parent\" data-id=\"351e9dc\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cc748e5 elementor-widget elementor-widget-image\" data-id=\"cc748e5\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"640\" height=\"640\" src=\"http:\/\/weddingready.co.za\/wp-content\/uploads\/2024\/06\/LMW-ANC-1024x1024.jpg\" class=\"attachment-large size-large wp-image-292\" alt=\"\" srcset=\"http:\/\/weddingready.co.za\/wp-content\/uploads\/2024\/06\/LMW-ANC-1024x1024.jpg 1024w, http:\/\/weddingready.co.za\/wp-content\/uploads\/2024\/06\/LMW-ANC-300x300.jpg 300w, http:\/\/weddingready.co.za\/wp-content\/uploads\/2024\/06\/LMW-ANC-150x150.jpg 150w, http:\/\/weddingready.co.za\/wp-content\/uploads\/2024\/06\/LMW-ANC-768x768.jpg 768w, http:\/\/weddingready.co.za\/wp-content\/uploads\/2024\/06\/LMW-ANC-1536x1536.jpg 1536w, http:\/\/weddingready.co.za\/wp-content\/uploads\/2024\/06\/LMW-ANC.jpg 1600w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7c3b107 e-flex e-con-boxed e-con e-parent\" data-id=\"7c3b107\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-220f41f elementor-widget elementor-widget-heading\" data-id=\"220f41f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">The importance of signing an <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6d2320b elementor-widget elementor-widget-heading\" data-id=\"6d2320b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">ANTENUPTIAL CONTRACT<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e6aca11 e-flex e-con-boxed e-con e-parent\" data-id=\"e6aca11\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2f6080d elementor-widget elementor-widget-text-editor\" data-id=\"2f6080d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p class=\"MsoNormal\" style=\"text-align: justify; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span style=\"font-size: 10.0pt; font-family: Roboto; color: #565656; mso-ligatures: none; mso-fareast-language: EN-ZA;\">Discussing an Antenuptial Contract might not be the easiest of conversations to have with a prospective spouse. However, it is important to be aware of the benefits of an Antenuptial Contract while planning your perfect wedding and live happily ever after.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span style=\"font-size: 10.0pt; font-family: Roboto; color: #565656; mso-ligatures: none; mso-fareast-language: EN-ZA;\">There are different marital regimes available for a married couple:<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><b><span style=\"font-size: 10.0pt; font-family: Roboto; color: #565656; mso-ligatures: none; mso-fareast-language: EN-ZA;\">1. In Community of Property<\/span><\/b><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span style=\"font-size: 10.0pt; font-family: Roboto; color: #565656; mso-ligatures: none; mso-fareast-language: EN-ZA;\">The first and very popular regime is a marriage in community of property. If you do not have an Antenuptial Contract you are <u>automatically<\/u> married in community of property, which is the default marriage regime in South Africa. The parties\u2019 two separate estates will become a joint estate \u2013 in other words all assets\u2019 parties have before marriage and all assets acquired during marriage will belong to both spouses jointly.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><b><span style=\"font-size: 10.0pt; font-family: Roboto; color: #565656; mso-ligatures: none; mso-fareast-language: EN-ZA;\">2. Out of Community of Property<\/span><\/b><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span style=\"font-size: 10.0pt; font-family: Roboto; color: #565656; mso-ligatures: none; mso-fareast-language: EN-ZA;\">Should the parties enter into an agreement in terms whereof community of property and profit and loss are excluded, they will be married out of community of property. This means that the respective estates of the parties remain two separate estates for the duration of the marriage.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span style=\"font-size: 10.0pt; font-family: Roboto; color: #565656; mso-ligatures: none; mso-fareast-language: EN-ZA;\">There is also the option of including the accrual system which is applicable to marriages out of community of property. <\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><b><span style=\"font-size: 10.0pt; font-family: Roboto; color: #565656; mso-ligatures: none; mso-fareast-language: EN-ZA;\">What is the accrual system?<\/span><\/b><\/p>\n<p class=\"MsoNormal\" style=\"margin-bottom: 12pt; text-align: justify; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span style=\"font-size: 10.0pt; font-family: Roboto; color: #565656; mso-ligatures: none; mso-fareast-language: EN-ZA;\">If the parties have agreed to a regime subject to the accrual system, at the dissolution of the marriage (by divorce or death of one or both spouses), the spouse, whose estate\u2019s accrual is smaller than the other spouse, acquires a claim against the other spouse or their estate for an amount equal to 50% of the difference in the accrual of both estates. When the parties enter into an Antenuptial Contract with the accrual system, they are free to exclude any asset from the accrual system.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><b><span style=\"font-size: 10.0pt; font-family: Roboto; color: #565656; mso-ligatures: none; mso-fareast-language: EN-ZA;\">What are the effects of the different regimes?<\/span><\/b><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span style=\"font-size: 10.0pt; font-family: Roboto; color: #565656; mso-ligatures: none; mso-fareast-language: EN-ZA;\">Being married in community of property causes the two separate estates of the parties to form one joint estate. Therefore, both parties will share in the assets as well as the liabilities of the joint estate. Furthermore, spouses in community of property may need the consent, and in some cases the written consent, of the other spouse in order to execute certain transactions for example buying immovable property and obtaining a bond.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span style=\"font-size: 10.0pt; font-family: Roboto; color: #565656; mso-ligatures: none; mso-fareast-language: EN-ZA;\">If the parties marry out of community of property, their respective estates remain separate for example, if one estate becomes insolvent, the other party\u2019s estate is not affected by it.<\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\"><span style=\"font-size: 10.0pt; font-family: Roboto; color: #565656; mso-ligatures: none; mso-fareast-language: EN-ZA;\">Should the parties marry out of community of property without the accrual system, the accrual of their respective estates will not be taken into account at the dissolution of the marriage.<\/span><\/p>\n<p><b><span style=\"font-size: 10pt; font-family: Roboto; color: #565656; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial;\">If you are\u00a0getting married\u00a0and your intention is to be married out of community of property,\u00a0you should be aware that\u00a0entering into\u00a0an\u00a0Antenuptial Contract is not a quick process. Ensure that there is adequate time for the Antenuptial Contract to be signed by you and your partner, in front of two witnesses and attested by a Notary Public before the wedding date. Thereafter the Antenuptial Contact will be registered in the Deeds Office. There are multiple requirements to be met and it is advisable that you consult with LMW Attorneys before you conclude your marriage. During the consultation phase we will explain all the possible options to conclude the most appropriate agreement. Consultation can either be an in person consultation or via Zoom\/Teams\/WhatsApp Video Call or telephone call. However, the actual signing of the contract will have to be in person.<\/span><\/b><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4d4bd15 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"4d4bd15\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/weddingready.co.za\/?page_id=387\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon\">\n\t\t\t\t<svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-file-contract\" viewBox=\"0 0 384 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M224 136V0H24C10.7 0 0 10.7 0 24v464c0 13.3 10.7 24 24 24h336c13.3 0 24-10.7 24-24V160H248c-13.2 0-24-10.8-24-24zM64 72c0-4.42 3.58-8 8-8h80c4.42 0 8 3.58 8 8v16c0 4.42-3.58 8-8 8H72c-4.42 0-8-3.58-8-8V72zm0 64c0-4.42 3.58-8 8-8h80c4.42 0 8 3.58 8 8v16c0 4.42-3.58 8-8 8H72c-4.42 0-8-3.58-8-8v-16zm192.81 248H304c8.84 0 16 7.16 16 16s-7.16 16-16 16h-47.19c-16.45 0-31.27-9.14-38.64-23.86-2.95-5.92-8.09-6.52-10.17-6.52s-7.22.59-10.02 6.19l-7.67 15.34a15.986 15.986 0 0 1-14.31 8.84c-.38 0-.75-.02-1.14-.05-6.45-.45-12-4.75-14.03-10.89L144 354.59l-10.61 31.88c-5.89 17.66-22.38 29.53-41 29.53H80c-8.84 0-16-7.16-16-16s7.16-16 16-16h12.39c4.83 0 9.11-3.08 10.64-7.66l18.19-54.64c3.3-9.81 12.44-16.41 22.78-16.41s19.48 6.59 22.77 16.41l13.88 41.64c19.77-16.19 54.05-9.7 66 14.16 2.02 4.06 5.96 6.5 10.16 6.5zM377 105L279.1 7c-4.5-4.5-10.6-7-17-7H256v128h128v-6.1c0-6.3-2.5-12.4-7-16.9z\"><\/path><\/svg>\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">CHOSE YOUR OPTIONS<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-618c25c elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"618c25c\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! 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However, it is important to be aware of the benefits of an Antenuptial Contract while planning your perfect wedding and live happily ever after. There are different marital regimes available for a married couple: 1. In&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-285","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"http:\/\/weddingready.co.za\/index.php?rest_route=\/wp\/v2\/pages\/285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/weddingready.co.za\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/weddingready.co.za\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/weddingready.co.za\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/weddingready.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=285"}],"version-history":[{"count":25,"href":"http:\/\/weddingready.co.za\/index.php?rest_route=\/wp\/v2\/pages\/285\/revisions"}],"predecessor-version":[{"id":446,"href":"http:\/\/weddingready.co.za\/index.php?rest_route=\/wp\/v2\/pages\/285\/revisions\/446"}],"wp:attachment":[{"href":"http:\/\/weddingready.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}