On Friday, June 26th the United States Supreme Court issued a landmark ruling that effectively legalizes same-sex marriage in all 50 states once and for all. For residents of the last thirteen non-recognition states, the impact is obvious. But for the nation as a whole, how might same-sex couples be affected by this historic decision?
First, everyone, straight and gay, now has the option to marry. While there are many important reasons to consider marriage, for gay and lesbian couples who have been together for decades and never had this opportunity before, the decision often highlights important legal, tax and financial planning considerations with respect to this important decision.
While love still matters, many couples focus on these aspects in evaluating whether to wed. Indeed, this author’s book: www.whether-to-wed.com is still relevant to help couples consider these important questions.
In the coming days and weeks we will attempt to offer insights on this question. While the Court’s ruling changes the rights of gay and lesbian couples to marry and have their marriages recognized in all 50 states, questions still abound. We will share a series of Frequently Asked Questions (and answers) based on real life examples that we are experiencing with couples all over the country who have come to us for legal, tax and estate planning advice. So, stay tuned…