1. 12:00 - 15:00 Lunch with EB Inglis
  2. 15:00 - 19:00 The Flash Drive with Carl Wastie

When it comes to legal affairs, the reality is not all is fair in love and wills.

Couples living together, also called common-law partners, are not recognised as a legal relationship by South African law — no matter how long they've been cohabiting.

Tracey Lange speaks to Head of Wills at Sanlam Trust, Moremadi Mabule on how these couples can protect their assets.

It's not a legally recognized union in South Africa. It's not even seen as marriage, it's an arrangement... it's not formalized. If anything happens, you're not necessarily protected.

Moremadi Mabule, Head of Wills at Sanlam Trust

Where to begin?

If you are in a cohabiting relationship... you want to protect your assets — in most cases, people buy assets together — so it is important that you actually document

Moremadi Mabule, Head of Wills at Sanlam Trust

There's a new term that people are using a lot... it's called universal partnership. Ideally people should go into these partnerships, formalize their relationship in that manner to say this is how we're going to run our relationship, this is how we're going to deal with our assets.

Moremadi Mabule, Head of Wills at Sanlam Trust

And then the next step is to draw up a will where you're actually protecting each other's assets. If you want to bequeath your assets to your partner, you are able to do that in a will.

Moremadi Mabule, Head of Wills at Sanlam Trust

We've got freedom of testation in South Africa

Moremadi Mabule, Head of Wills at Sanlam Trust

When there are children involved and you don't necessarily document things and people start fighting... so it's very important that you go and address those things in your will.

Moremadi Mabule, Head of Wills at Sanlam Trust

Listen to the full conversation below.

Tune in to Tracey Lange's Mid-Morning show, Monday to Friday between 9am - 12pm!

Photo by Ba Tik from Pexels

More on KFM