LEGAL ASPECTS
  by Natasja Lubbe
   
  Deciding how to draw up your antenuptial contract is probably the most
  important decision of all those you will make before you get married, and
  yet, in the midst of all the excitement over wedding arrangements, it is often
  left until last.
   
  Although the marriage contract may not have an impact on your wedding
  day, it is the one aspect that will have the greatest financial and legal
  implications for the duration of your marriage. It will determine whether or
  not you will be able to feel comfortable when you stand at your husband’s
  side when he purchases that new plasma screen one day because you know
  the money is coming straight out of his own pocket. It will also determine
  whether or not you need to arrange to sign the contract of sale on your new
  house together. In addition, it will be the deciding factor on whether or not
  you need to ask your husband’s permission beforehand if you want to stand
  surety for your family when they want to buy something.
   
  Civil marriage:
  A civil marriage is the traditional Western marriage and is governed by laws
  on matrimonial property, also called the law of property between spouses.
   
  In Community of Property
  To be married in community of property means that the respective estates of
  each spouse before marriage are merged into one communal estate. The
  two spouses thus become joint managers of this communal estate. In other
  words: “What’s yours is mine and what’s mine is yours.” Although this may
  sound like true love, the disadvantage of this arrangement is that a
  communal estate is far more vulnerable, since both spouses are affected if
  one of them runs into financial difficulties.
   
  For this reason, the spouses’ contractual capacities are limited and certain
  contracts, such as those involving the purchase of real estate, may not be
  signed without the permission of the other spouse. In the event of the
  dissolution of the marriage, one half of the estate automatically goes to each
   
 
   
   
   
   
  spouse. The advantage of marrying in community of property is that no
  arrangements have to be made with regard to an antenuptial contract, since
  a couple is automatically married in community of property in the absence
  of such a contract.
   
  Out of Community of Property, without Accrual
  When a couple marries out of community of property without accrual, the
  individual estates of each spouse before the wedding remain exclusively
  theirs after the wedding and in the event of the dissolution of the marriage.
  Each spouse is solely responsible for his or her own debts and the same goes
  for any profits made. An antenuptial contract must be signed in order for a
  couple to marry out of community of property without accrual.
   
  Out of Community of Property, with Accrual
  To be married out of community of property with accrual still means that the
  individual spouses’ estates remain separate once they are married. The
  accrual only comes into effect in the event of the dissolution of the marriage.
  One of the reasons for which this type of antenuptial contract has come into
  being is to provide for those situations in which one spouse stays at home,
  doing housework and minding the children, and is thus not able to earn
  money, but allows the other to pursue a career which enlarges his or her
  personal estate. The accrual involves each spouse’s determining the initial
  value of their separate estates and indicating these values in the antenuptial
  contract. With the dissolution of the marriage, the final value of each estate
  as well as how much each has grown is determined. The difference in growth
  is then divided equally and the spouse whose estate has grown the most
  must pay out the other spouse’s half. An anteneptial contract is also entered
  into in this instance.
   
  It is important to remember that the antenuptial contract must be drawn up
  and signed before the wedding ceremony takes place.
   
  After the wedding, the contract is taken to the Deeds Office to be registered.