In this article in Money Marketing, Dr Rika van Zyl discusses the two schools of thought regarding the issue of dealing with a life policy (with no nominated beneficiary) at death in a marriage in community of property.
She takes us through the case law which she concludes cannot be supported based on the legal principles and foundations that she discusses and that there is a great need for courts to reinvestigate this issue.
Read here.
Dr van Zyl of the School for Financial Planning Law at the University of Free State is a CFP®, FPSA® and TEP, as well as a FISA Councillor.