As the world commemorated the first anniversary of the death of rap star AKA on Saturday, police said they have made progress in his murder and that of his friend Tebello ‘Tibz’ Motsoane.
AKA and Tibz were gunned down in an apparent hit outside the popular Wish restaurant in Florida, Durban a year ago.
Police released a statement on Saturday saying the investigation in the murders was at an advanced stage with some suspects already identified.
“The SAPS acknowledges and understands that this is a very sensitive matter, and we would like to assure affected families and the public that in the past year we have spent countless hours and endless manpower on tracing those behind these murders. We have a dedicated team of specialists, seasoned detectives, analysts, technicians working closely with the office of the Director of Public Prosecutions in KZN. It is important to highlight that this is a prosecution-driven investigation,” said Brig Athlenda Mathe.
She added that police have gathered critical evidence.
“We have made progress, we have positive evidence linking identified suspects, others are in custody related to other matters. Others are on the run and the team is hot on their heels.
“We are aware of limited communication with the affected families. The investigation is at a very sensitive stage, and we have therefore taken the decision to limit all communication related to this matter. The limited communication was not at all intended to undermine any of the affected families. We will however endeavour to improve on this in the near future,” said Mathe
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rnhigh net worth divorce lawyer, high asset divorce attorney, complex divorce lawyer, business owner divorce, divorce asset protection, property division lawyer
rnrnA high net worth divorce can involve much more than dividing a house and checking account.
rnrnThese cases may include businesses, investment accounts, retirement plans, real estate, trusts, executive compensation, stock options, professional practices, tax issues, and hidden asset concerns.
rnrnA high net worth divorce lawyer helps protect financial interests and build a strategy for complex property division.
rnrnA divorce may be considered high net worth if it involves substantial assets, complex income, or valuable property.
rnrnExamples include:
rnrnBusiness ownership
rnMultiple homes
rnRental properties
rnInvestment portfolios
rnRetirement accounts
rnStock options
rnRestricted stock units
rnProfessional practices
rnTrusts
rnCrypto assets
rnLuxury assets
rnInheritance issues
rnHigh income
rnInternational assets
These cases require careful financial analysis.
rnrnOne of the biggest issues is determining what assets are worth.
rnrnAssets that may need valuation include:
rnrnBusinesses
rnReal estate
rnPensions
rnProfessional practices
rnStock options
rnPrivate investments
rnArtwork
rnJewelry
rnCollectibles
rnIntellectual property
rnCryptocurrency
A lawyer may work with financial experts, appraisers, forensic accountants, and tax professionals.
rnrnIf one or both spouses own a business, divorce can become complicated.
rnrnQuestions may include:
rnrnIs the business marital property?
rnWhat is the business worth?
rnDid the value increase during marriage?
rnIs income being underreported?
rnCan one spouse buy out the other?
rnWill business records be disclosed?
rnHow are retained earnings treated?
rnAre personal expenses being paid by the business?
Business valuation can become one of the most contested parts of divorce.
rnrnSome spouses try to hide or reduce assets before divorce.
rnrnWarning signs may include:
rnrnSudden transfers
rnUnusual withdrawals
rnNew loans
rnChanged passwords
rnMissing statements
rnDelayed bonuses
rnOverpaid taxes
rnFake business expenses
rnCrypto transfers
rnAssets moved to relatives
rnUndervalued business interests
A high net worth divorce lawyer may use discovery tools to request documents and trace money.
rnrnDividing retirement accounts may require special orders.
rnrnCommon accounts include:
rnrn401(k)
rnIRA
rnPension
rn403(b)
rn457 plan
rnMilitary retirement
rnBrokerage accounts
rnDeferred compensation
Some retirement divisions require a Qualified Domestic Relations Order, often called a QDRO.
rnrnMistakes can create tax problems or loss of benefits.
rnrnDivorce can affect taxes in major ways.
rnrnTax questions may include:
rnrnWho claims children
rnCapital gains exposure
rnSale of home
rnAlimony tax treatment
rnBusiness tax liabilities
rnRetirement withdrawals
rnStock option taxation
rnCarryforward losses
rnFiling status
rnProperty transfer rules
A divorce lawyer may coordinate with a CPA or tax attorney.
rnrnHigh net worth divorces often involve prenuptial or postnuptial agreements.
rnrnA lawyer may review:
rnrnWhether the agreement is valid
rnWhether disclosures were complete
rnWhether terms are enforceable
rnWhether circumstances changed
rnWhether there was pressure or lack of counsel
Do not assume an agreement is automatically enforceable or invalid.
rnrnA high net worth divorce requires careful planning, financial investigation, and legal strategy.
rnrnIf your divorce involves a business, investments, real estate, retirement accounts, or complex income, do not rely on guesswork.
rnrnThe right lawyer can help protect your assets and avoid mistakes that may affect your financial future for decades.
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