[vc_icon icon_fontawesome=”fa fa-comment” background_style=”boxed rounded rounded-less” size=”lg” background_color=”custom” custom_background_color=”#ffd500″ align=”left”]We are all filled with joy when two people find a lifelong partner and friend and take that matrimonial plunge.

We would like to contribute to the smooth transition of your financial planning from being single to being married.   Therefore we offer a few hints for the newly-weds:

• Both parties have to chance their Wills. Whether you are married in community or out of community of property or with an anti-nuptial contract, you can still decide to have two separate wills or not.   In short:  amend your will.
• Correct the your address on your insurance policies.
• If both parties had Short Term Insurances, combine the two policies.  Normally the total  premium will decrease.
• Change the beneficiary on your Life Assurance Policies.  (We strongly advise that you check who you have as beneficiaries on your policies)
• Ladies: Chance your surname and address on all your policies and at the bank.  Apply for new ID book and driver’s licence (and passport).
• Gentleman: Notify your Medical Aid of the your new spouse.