{"id":4514,"date":"2017-03-16T14:38:03","date_gmt":"2017-03-16T12:38:03","guid":{"rendered":"https:\/\/stbb.co.za\/dev2\/?p=4514"},"modified":"2019-11-25T14:41:11","modified_gmt":"2019-11-25T12:41:11","slug":"property-law-update-issue-09-2017","status":"publish","type":"post","link":"https:\/\/stbb.co.za\/dev2\/property-law-update-issue-09-2017\/","title":{"rendered":"Property Law Update | Issue 09 &#8211; 2017"},"content":{"rendered":"<h2>TRUST ASSETS IN DIVORCE ACCRUAL CLAIMS: PITFALLS<\/h2>\n<h3>M v M (332\/2015) [2017] ZASCA 5 (9 March 2017)<\/h3>\n<p>A trust is a distinct legal concept. Its assets belong to it and not to the trust founder, the trustees or even the beneficiaries. But founders and trustees often misunderstand or ignore these underlying principles and treat the trust assets as their own, the trust becoming an alter ego. On divorce, this scenario is often contentious as a claimant will seek to &#8216;pierce the veil&#8217; of the trust entity so that its assets are considered assets of the spouse in his or her personal capacity, and hence subject to the accrual calculation. This judgment illustrates many of the considerations that arise and highlights the impact of carefully crafted antenuptial agreements and decisions to hold assets and property in trusts.<\/p>\n<p><strong>read more<\/strong><br \/>\n<a href=\"http:\/\/stbb.us1.list-manage.com\/track\/click?u=31084394a308554a6798b4ec1&amp;id=60870c39db&amp;e=a7aac76cb0\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en-GB&amp;q=http:\/\/stbb.us1.list-manage.com\/track\/click?u%3D31084394a308554a6798b4ec1%26id%3D60870c39db%26e%3Da7aac76cb0&amp;source=gmail&amp;ust=1489750709885000&amp;usg=AFQjCNEc2RYdrIKnEBeOUJKycUXh_ZQxlg\"><span style=\"color: #e66a21;\">The Judgment<\/span><\/a><br \/>\n<a href=\"http:\/\/stbb.us1.list-manage1.com\/track\/click?u=31084394a308554a6798b4ec1&amp;id=e044e5498d&amp;e=a7aac76cb0\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en-GB&amp;q=http:\/\/stbb.us1.list-manage1.com\/track\/click?u%3D31084394a308554a6798b4ec1%26id%3De044e5498d%26e%3Da7aac76cb0&amp;source=gmail&amp;ust=1489750709885000&amp;usg=AFQjCNHJloSm4fzVMBB0pwyRscOvLOA3SA\"><span style=\"color: #e66a21;\">Summary of the Judgment<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<h2>STBB&#8217;S STSMA REFERENCE GUIDE<\/h2>\n<p>In this, the seventeenth set of notes for your STSMA Reference Guide, regulation 1 of the Act is discussed.<\/p>\n<p><strong>read more<\/strong><br \/>\n<a href=\"http:\/\/stbb.us1.list-manage2.com\/track\/click?u=31084394a308554a6798b4ec1&amp;id=ffec2fe458&amp;e=a7aac76cb0\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?hl=en-GB&amp;q=http:\/\/stbb.us1.list-manage2.com\/track\/click?u%3D31084394a308554a6798b4ec1%26id%3Dffec2fe458%26e%3Da7aac76cb0&amp;source=gmail&amp;ust=1489750709885000&amp;usg=AFQjCNH9VoLuclnmnw8qZEyHBi9bLzl1uQ\"><span style=\"color: #e66a21;\">Regulation 1 &amp; Annexures (Forms)<\/span><\/a><br \/>\n<i>(N.B. Print in landscape)<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TRUST ASSETS IN DIVORCE ACCRUAL CLAIMS: PITFALLS M v M (332\/2015) [2017] ZASCA 5 (9 March 2017) A trust is a distinct legal concept. Its assets belong to it and not to the trust founder, the trustees or even the<\/p>\n","protected":false},"author":36,"featured_media":3171,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[109],"tags":[],"class_list":["post-4514","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-law-update"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Property Law Update | Issue 09 - 2017 - STBB<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/stbb.co.za\/dev2\/property-law-update-issue-09-2017\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Maryna Botha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-09-2017\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/property-law-update-issue-09-2017\\\/\"},\"author\":{\"name\":\"Maryna Botha\",\"@id\":\"https:\\\/\\\/stbb.co.za\\\/dev2\\\/#\\\/schema\\\/person\\\/623606b2022560795816523a4fd0bfec\"},\"headline\":\"Property Law Update | Issue 09 &#8211; 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