Couples very seldom busy themselves with the unpleasant thoughts of divorce and death at the dawn of their married life, and are more often than not, forced to endure the dire consequences of their naivety, especially in light of the fact that almost forty percent of all marriages end in divorce.
All assets and liabilities of the prospective spouses, whether in existence before the marriage or obtained or incurred thereafter, will subsequently form part of the joint estate of the spouses. Certain exceptions to this rule exist, for instance where an asset is specifically excluded from a joint estate by the last will and testament of a deceased parent.
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