Choosing the right type of marriage contract for you

Marriage is a big step, but choosing the right type of marriage contract for you is just as important. Our Financial Education Programme Manager, Thabo Hollo, chats with Phumelelo Simelane, MD of Simelane Attorneys, about the differences between marriage in- and out-of-community property and how the accrual system works. Don’t miss this must-watch for anyone about to say “I do”.

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00:00:50 Siphumelelo explains what he does.
00:01:51 The three ways you can get married in South Africa.
00:04:57 Siphumelelo explains "rehabilitative maintenance".
00:06:33 Lifelong maintenance or maintenance in perpetuity explained.
00:07:50 Thabo asks Siphumelelo to explain Token Maintenance.
00:08:19 Siphumelelo explains Rule 43.
00:17:36 Thabo asks what the rules are in terms of changing the perpetual spousal maintenance.
00:20:53 Thabo wants to know if a partner go back retrospectively and sue for spousal maintenance.
00:23:14 Siphumelelo explains what one should be aware of before asking or paying for spousal maintenance.