Aaron Stanger -
[Cached Version]
Published on: 4/12/2007
Last Visited: 6/3/2009
Towerex, formerly the Twin Towers Group was conceived and founded by Aaron Stanger in 1991 as a strategic corporate advisory service to his corporate and high-net-worth clients.
In the early 1990's, Aaron foresaw the changes that were taking place within legal and professional firms, and identified the need to offer clients a more balanced and comprehensive service.
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"To be less legalistic and more commercial," sums up the issue nicely, and is the view of Aaron Stanger, a Gauteng divorce attorney.
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Stanger says that in a recent case it was calculated that a sum insured of at least R4-million would be required to cover a maintenance commitment of R3 000 a month plus education and medical commitments, for a period of 20 years (the children were young).
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The better option, says Stanger, is to take out medical and/or health insurance in your own name, and to obtain payment of the premiums from your ex.
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The interest is overwhelming", Mr Aaron Stanger told The Citizen, pointing out how his Johannesburg recruitment office had received hundreds of enquiries from all over the world.
"Right now, South Africa is possible at number eight.
But once legislation is streamlined and criteria brought in line with some international trends, we could easily climb to even more competitive levels."
Mr Stanger said first choice for any foreigner wanting to relocate would be the US.
The next tier are the so-called Anglo-Saxon developed countries like Canada, Australia and New Zealand.
"The next level of choice would then involve developed European countries like France, the UK and Germany".
Then comes South Africa.
Mr Stanger said they had found that these were the preferences of a typical application, such as an engineer, wanting to emigration from an Eastern European country like Poland or from South America.
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However, there is still a prevailing downside, according to Mr Stanger.
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"This is called the hidden assets syndrome," says Aaron Stanger, a Johannesburg northern suburbs specialist divorce attorney.
Stanger says that it is imperative for South African women to be better educated and assertive about their rights in the dissolution of marriage.
He cites numerous examples of trusting women like Mrs Hoodwinked who find themselves impoverished by husbands who shift their assets into so-called trust funds.
Women get a raw deal
"The word 'trust fund', says Stanger, "should ring warning bells.
It means there could be a possibility that assets which form part of the joint estate fall out of the estate after the divorce.
Stanger, who is of the opinion that women get a raw deal when it comes to divorce settlements, says that he immediately places an urgent application before the Supreme Court before a recalcitrant husband can siphon assets to an offshore company, or conveniently place his money in another company which could be owned by a friend.
As in the case of Ms Hoodwinked, the ex-husband still earns his huge monthly income and keeps his original assets and his mistress.
His ex-wife loses her home, her dignity, her husband and is set unprepared and unskilled into the job market for the first time in 12 years.
Stanger talks about dummy corporations, nominee cash accounts and the favourite scheme of all - rebonding of the couples joint home while refinancing the assets.
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Stanger says that often in cases such as this a husband will think to himself that if his wife is going to take him down, then they will go down together.
He will fight until there is nothing left to fight over.
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Instead of being assigned routine small business claims, Stanger plunged into the murky world of espionage, political assassination and government cover-ups.
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"I was summoned to the Burgerspark Hotel in Pretoria and threatened by a Military Intelligence colonel whose name it would be safer to omit," says Stanger.
"He told me to withdraw from the case immediately, otherwise further action would be taken."
Stanger earned considerable recognition as an attorney who took on and won a case nobody else would touch.
He went out on his own in 1990 and has since fashioned himself as an attorney with a strong conscience.
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By Aaron Stanger
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At the beginning of 2001, in his fourteenth year in the practise of law and business, Aaron Stanger resolved to set down his life time of experience, in law, business and the general human condition.
Aaron's aim in writing this book, was to set out at the half-way mark of his life, a guide for people seeking an insight into the working of the world and business, and a guide for success for future visionaries and entrepreneurs.
The intention of the book, is to be part autobiographical, part anecdotal, and part a road map for life.
Aaron intends to regularly publish chapters of his book on the net, and to invite comment and debate.