Financial Planning
When one income supports an entire family, financial planning must be designed to absorb disruption. From income protection and life cover to estate planning, liquidity and retirement savings, single parents need a coordinated financial structure that protects their children and
Cash is essential for short-term resilience, but it is not a long-term wealth strategy. In this article, we unpack why the phrase ‘cash is king’ needs context, when cash is the right tool, when debt can be productive, and why
There is no such thing as a ‘common law marriage’, and living together does not create a matrimonial property regime, reciprocal duties of support, or clear rules governing division of assets.
Surprisingly, drafting a will is often viewed as a stand-alone exercise – and yet a will is not merely a legal formality, it is a cornerstone of estate planning. Responsible drafting requires knowledge of the client’s assets, the jurisdictions in
In financial planning, the pattern is consistent. Those individuals who live within their means, save diligently, and remain invested over decades often end up with more financial security than they ever expected. Their success stems not from sophisticated strategies but
Transitioning from a dual- to a single-income household can be one of the most challenging aspects of divorce. Ideally, prepare a flexible transitional budget that accounts for your anticipated monthly expenses with room for adjustments as and when new expenses
Despite this progress, a significant gap persisted in the legal recognition of cohabiting partners, particularly in heterosexual life partnerships. While the courts had recognised same-sex partners’ rights to claim maintenance and inheritance prior to the legalisation of same-sex marriage, permanent
While healthy and consistent habits can lead to financial independence, bad habits can be equally as powerful in the opposite direction. Frugality and a willingness to live within one’s means is a common habit of the financially sound. Financial independence
In terms of the Income Tax Act, individuals can donate up to 10% of taxable earnings towards an approved Public Benefit Organisation (PBO) on a tax-deductible basis, but to receive the tax exemption, you need to ensure that the non-profit
