Divorce Settlement Beneficiary Nomination Prevails Over Surviving Spouse: Living Annuity Proceeds Go to Ex-Wife in J.D.B v Allan Gray Proprietary Limited and Another (20831/2024) [2026] ZAWCHC 670 (9 November 2026).

This case is about who receives the proceeds of a living annuity where a divorce settlement agreement, made an order of court, obliges the policyholder to keep his ex-wife as…

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