Understanding an Antenuptial Contract With the Accrual System
When planning to get married, few couples think about the legal and financial impact of their union. In South Africa, choosing the right marital regime is critical, and one of the most popular and protective legal arrangements is the antenuptial contract with the accrual system. At Burger Huyser Attorneys, we guide couples in understanding and drafting antenuptial contracts that reflect their intentions and safeguard their future.
How the Accrual System Applies to Antenuptial Contracts
An antenuptial contract (ANC) is a legal agreement signed before marriage that determines how assets will be handled during and after the marriage. When combined with the accrual system, the ANC allows each partner to retain their individual estate while still sharing in the growth of their combined assets over the course of the marriage.
This system strikes a fair balance — you maintain ownership of what you had before marriage, and only the value accrued during the marriage is shared if the relationship ends.
Key Features of the Accrual System
At Burger Huyser Attorneys, we ensure clients are well-informed about how this system works. Key benefits include:
- Asset Protection: Pre-marriage assets remain yours.
- Fair Growth Sharing: Both parties share in the increased value of their estates.
- Debt Protection: Your spouse’s debts won’t affect your pre-marriage estate.
- Flexible & Customisable: Specific exclusions (like inheritances) can be added to the contract.
Why Choose an Antenuptial Contract with the Accrual System?
The accrual system is ideal for couples who:
- Want fairness in asset distribution without full communal property.
- Intend to grow wealth together but wish to protect past earnings.
- Seek clarity and protection in case of divorce or death.
Burger Huyser Attorneys simplifies this process with expert guidance. We ensure your contract reflects your personal goals and complies fully with South African law.
Contact Burger Huyser Attorneys, and book a consultation.
To speak to one of our experienced attorneys in South Africa for immediate assistance, contact us on the numbers below:
Randburg call 061 516 6878; Roodepoort call 061 516 0091; Sandton call 064 555 3358; Pretoria call 064 548 4838;
Centurion call 061 516 7117; Alberton call 061 515 4699; Bedfordview call 061 536 3223
DISCLAIMER: Information provided in this article does not, and is not intended to constitute legal advice. READ MORE
