Last updated on Jun 11th, 2021 at 10:42 am

Women in South Africa are about 57% more likely to ask for a divorce than men but also tend to be the biggest losers…

The idea of a prenup may sound rather “unromantic”, but as they say “love is blind” and in the bigger scheme of things it may come in very handy.

DIY Legal recently launched their Savvy Woman’s Prenup Package which is a prenup agreement and a free divorce – if you ever end up needing one. According to DIY Legal, one in five South African marriages lasts less than five years and should the odds be against you this package is designed to protect you.

The financial aspect of a marriage plays a significant role in the relationship, yet it’s a topic so many couples take for granted when they take that iconic leap of faith.

Prenups are good and don’t only serve you in a divorce

They give you financial independence and allow room for both partners to take risks without indebting your partner.

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“In the case of your spouse being found insolvent and over indebted for instance and his or her assets get attached for this reason, the exclusion of your assets from the marriage ensure that you are not implicated in that insolvency as financially, you are not the same person,” DIY Legal’s Brendan McNulty.

What’s great about it is as couple you’re not precluded from jointly acquiring assets and liabilities. You can still buy a house together and even get a bond.

“A prenup protects you from acquiring your partner’s debts and ensures that you consciously make decisions in regards to jointly acquiring property, instead of acquiring debts and assets by default of your marital relationship.”

In many cases, suggesting a prenup might ruffle some feathers and may seem like there’s a lack of trust in the relationship but McNulty says it gives couples an opportunity to be open about their finances.

“It is thus important to be open to each other about your assets and liabilities at present and future prospects in order to explore other options such as spousal maintenance, estate planning etc.”