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Posts Tagged 'anc with accrual'

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Matrimonial Property Act – Upcoming Changes & What They Mean for Couples in South Africa

Before the Act came into force on 1 November 1984, the default position for most marriages was in community of property, where both spouses’ assets and debts were combined into one joint estate. This system was intended to promote equality, but it also exposed spouses to each other’s financial liabilities, sometimes with severe consequences. 

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