Many people within the estate planning community have been anxiously awaiting the Supreme Court decision on the question of whether or not the federal government should recognize same-sex marriages. Why is this relevant to the field of estate planning? One of the reasons is actually at the core of the legal action that set this […]
GLBT
Circumstances Shape Ideal Estate Plan
You may question the value of an estate planning attorney. After all, you can just download a generic template last will off the Internet. It’s simply a matter of filling in the blanks. In reality, estate planning is not a one-size-fits-all endeavor. Let’s look at some of the circumstances that families typically face. Access to […]
Arguments Being Presented to Supreme Court in Estate Tax Case
There is an unlimited marital federal estate tax exemption, so a surviving spouse can inherit any amount of money from his or her deceased spouse without incurring any estate tax liability. Same-sex marriages are legal in several of the states and in some foreign countries. However, if an American taxpayer is legally married to someone […]
Take Extra Precations if You are LGBT
Despite overwhelming support for equal rights and gay marriage in national polls, when given the chance, the majority still normally votes against both ideas. That probably says something about the usefulness of polls, but it definitely should make members of the LGBT community consider what they should do to protect their rights and choices with […]
LGBT Couples Still Face Challenges
LGBT couples know that getting a marriage recognized by the state is only a small portion of solving the legal hurdles to their relationships. Until every state and federal law recognizes the relationship, there will always be potential challenges that LGBT couples need to plan around in their estate plans. If you are in the […]