Page 34 - FWG December Issue 2022

Finance

Photo by Vitolda Klein

authorises the Sheriff of the Court to
demand the outstanding monies from *https://www.sassa.gov.za/Pages/Child-Support-Grant.aspx
the defaulting spouse.
3. If there is agreed financial support for Child Care Support Applicants must meet the following requirements:
you and your children, make sure that • The primary care giver must be a South African citizen, permanent resident or
your ex has a life policy specifying you refugee.
as the beneficiary to cover expenses, in • Both the applicant and the child must reside in South Africa.
the event of your ex-spouse becoming • The applicant must be the primary care giver of the child/ children concerned.
disabled or passing away. You need to • The child/children must be under the age of 18 years.
look especially at products that can • The applicant must meet the requirements of the means test.
provide the required recurring monthly • The applicant cannot apply for more than six non-biological children.
benefit that equates to your and your • The child/children cannot be cared for in a state institution.
children’s monthly expenses.

It’s important that you become financially
savvy – especially in terms of planning
and saving up for school fees and/or other
childcare expenses.
Whether you are a widow or divorced,
ensure that your financial decisions are
made in the interests of both you and your
children. This includes thinking about the
future and how each decision will impact
you and your family in the months and
years to come. Photo by Kelly Sikkema

Fourways Gardens • 32 • December 2022