Well, it is all romantically & emotionally captivating to have someone call you “wifey” or “hubby”, definitely makes you want to conquer the world! However are there any financial and legal benefits for individuals who are legally married?
1. Inheritance :
A husband/wife can benefit from the assets/wealth of the deceased spouse (Given the scenario of the spouse’ dying without a valid Will in place).
2. Obligation to be supported:
Given that you are married, you and you’d partner have the legal responsibility to support each other and ensure there is no detriment to each other’s welfare.
3. Maintenance after death:
When a spouse passes away, the surviving spouse can claim spousal maintenance from the estate of the deceased.
4. Benefits/Financial Security of Divorce:
Given the unfortunate event of divorce, each partner is entitled to a portion of the wealth/assets, which is dependent on the type of marriage you were a part of.
What are you waiting for?
Have you met the one you’d like to pursue this life journey? Why don’t you legally commit yourself to them?
Get in touch with Manzankosi Corporate Legal Consultancy via email at info@manzankosiclc.co.za or contact: 067 147 2323 / 081 712 1114 of our Attorneys will assist you with knowing your rights and responsibilities as well as the different marriage regimes recognized by the Constitution of the Republic Of South Africa.
