Marriage Contract - Accrual

[Dolby]

Hypothetical question :

I understand the accrual and everything slit 50:50 when there is a divorce - but what the initial money when one goes into the marriage? How is that worked out over the time?

I go into a marriage with R400,000.00 and she goes in with R300,000.00 - in 15 years we split ... how is it worked out what is mine currently (if that makes sense)?

 

[HavocXphere]

Accrual has no effect on money before marriage if you have an ante-nuptial. You'd need to specify Rand amounts in the ante-nuptial though afaik. Accrual is specifically aimed at during marriage.

Also - I've seen judges enforce +- accrual despite there being no official accrual.

 

[Paul Hjul]

The CPIX is used so the R100 000 difference of today will be adjusted at the time of marital dissolution.

 

[SauRoNZA]

Hypothetical question :

I understand the accrual and everything slit 50:50 when there is a divorce - but what the initial money when one goes into the marriage? How is that worked out over the time?

I go into a marriage with R400,000.00 and she goes in with R300,000.00 - in 15 years we split ... how is it worked out what is mine currently (if that makes sense)?

You declare your existing assets that you want to keep to yourself and exclude from the accrual in your prenuptial agreement, that's why it exists after all.

Should the marriage be nullified those items or values will be distributed first, them the accrued amounts/items will be split as per the agreement.