SOUTH Africa is seeing a decline in “I do’s” and a rise in “I don’ts”. Statistics South Africa’s 2022 report shows civil marriages decreased by nearly 30% between 2013 and 2022, while divorces increased by almost 11% just between 2021 and 2022.
Estate planning and keeping your will updated are pivotal in every life stage, whether you’re embarking on a journey together – or ending one.
It’s also critical to know and understand your rights if you’re one of many couples choosing to commit without the “paper to prove it”.
It’s critical to have honest conversations with your partner. Financial independence is important; it can be beneficial for both partners to have their own financial adviser, estate planner, and will, so that each person’s wishes are known and respected. In a divorce situation, it becomes even more crucial
