With more South Africans choosing to live together without tying the knot, financial and legal experts are warning that couples who cohabit remain vulnerable unless they protect themselves with a formal agreement.
Speaking to 702s John Perlman, Standard Bank SA executive head of insurance and fiduciary Shaka Zwane said cohabitation agreements secure partners' rights.
The best and the safest thing to do for couples who decide to move in together and cohabitate is to draft a cohabitation agreement, particularly if there are assets involved, he said.