business contract

  • family business 2

    A commercial partnership a separate legal entity from marriage and partners could share in the profits which would accrue to their separate estates just as it would if they were normal business partners.

     “My husband and I are married out of community of property and without the accrual system in terms of SA Law. For the last ten years, we have both worked together in our family business. Due to health reasons, my involvement in the business is becoming less and less. Our marriage is also going through difficult times, and I am concerned that should we end up getting divorced that I would not be entitled to any share in the future profits of the business which we have built up together.”

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