Although the majority of estate plans created by practitioners will contemplate marriage between the settlor and a person of the opposite sex, life and the practice of law in the 21st century dictate that not all of those who seek the services of estate planning specialists and other estate and probate professionals will fit that mold.
Estate Planning for couples who have neither married nor registered as Domestic Partners.
Estate Planning for couples who have registered as Domestic Partners.
As is true for any couple, the right estate plan for a same-sex couple depends on the particular wishes and objectives of the parties. Planning for the same-sex couple is especially important and challenging, however, because of the complex legal and tax considerations that must be taken into account.
Marriage is a vital social institution. The exclusive commitment of two individuals to each other nurtures love and mutual support; it brings stability to our society. For those who choose to marry, and for their children, marriage provides an abundance of legal, financial, and social benefits.