Our expert says:
Family law expert
It is important to know how you are married and what the full picture of your assests and liabilities look like. Make sure that the full profit on the house is indeed R1.5 million. It is better to register the house you intend to purchase in your name or even in a trust of which the children are the beneficiaries. You can always bequeth the house in a Will to your children or even create a mortis causa trust in your will.
Family Law Attorney
Abrahams and Gross
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