9. Groom's assets
If you currently own any assets and don’t record their value or specifically exclude them in the ANC, the value of those assets at the end of your marriage (if you still own them by then) will automatically be considered part of the accrual ("growth") you and your spouse build together. The ANC allows you to decide how the value of your existing assets should be treated.
Your options:
1. Exclude assets entirely:
Exclude a specific asset completely from the accrual - this means both the current value of the asset and any growth it makes during the marriage will not be shared at the end.
2. Exclude the nett commencement value (value at the beginning of your marriage):
Exclude only what your assets are worth now. This means the current value of your assets (adjusted for inflation so it stays fair over time) will be protected, but any growth in value during the marriage will be shared equally at the end.
3. Don't mention any asset:
If you choose not to list an asset, its value and growth, if any, will automatically form part of the accrual (growth of what you build up together).