123Divorce South Africa

Getting Divorced 

is as easy as 123

 

View Our Blog Page

Property Division in Divorce in South Africa: A Guide

Understanding the Process

Divorce is a complex legal process that often involves the division of marital property. In South Africa, the division of property between divorcing spouses is governed by various legal principles and factors. This blog post will provide a general overview of the process and key considerations.

The General Rule: Equal Division

The general rule in South Africa is that marital property should be divided equally between the divorcing spouses. This means that each spouse is entitled to a 50/50 share of the joint estate. However, this is not always a rigid rule, and other factors may influence the division of property.

Factors Affecting Property Division

Several factors can influence how marital property is divided in a divorce. These include:

  • The nature of the property: Whether the property is jointly owned, separately owned, or acquired during the marriage.
  • The contributions of each spouse: The financial contributions of each spouse to the acquisition, preservation, or improvement of the property.
  • The needs of each spouse: The financial needs and circumstances of each spouse, including their earning capacity, age, health, and responsibilities.
  • The duration of the marriage: The length of the marriage can be a relevant factor, particularly when considering the contributions of each spouse.
  • Any antenuptial contract: If the spouses entered into an antenuptial contract, the terms of that contract will generally govern the division of property.

Specific Types of Property

The division of certain types of property may require special considerations. These include:

  • Family home: The family home is often a significant asset and may be subject to specific rules regarding its division.
  • Pension funds: Pension funds are generally considered separate property, but the accrued benefits may be divided between the spouses.
  • Businesses: The value of a business owned by one or both spouses may need to be determined before it can be divided.

Professional Advice

Given the complexities involved in property division, it is highly recommended to seek legal advice from a qualified attorney. An attorney can help you understand your rights and options, negotiate a fair settlement, and represent your interests in court if necessary.

Conclusion

Property division is a crucial aspect of divorce proceedings in South Africa. Understanding the general principles and factors that influence the division of property can help you navigate this complex process. By seeking professional advice, you can ensure that your rights are protected and that a fair and equitable division of property is achieved.

Top Reasons Why Choose Us!

16

Year

experience

1346

Total

divorces

1945

Happy

clients

Need to talk to us?

 

At 123 Divorce, your divorce papers papers are personally checked by divorce specialists.

We make sure that all your documents is 100% correct before it's send to you.

 

Please see below for our full contact details.

021 137 3142

info@123divorce.co.za

082 454 0667 Whatsapp