In honor of LGBTQ Pride Month...
"Thanks to landmark Supreme Court rulings in 2013 and 2015 that established marriage equality, LGBTQ spouses can now:
- Claim Social Security benefits based on their spouse’s work history.
- Leave unlimited assets to each other without triggering federal estate taxes.
- Provide coverage for each other through their workplace health insurance plan.
- Enjoy the same property owner survivorship rights."
Shelly Gigante, a personal finance writer contributing to the MassMutual blog, explains the rights and protections entitled by marriage in this article: https://blog.massmutual.com/post/lgbtq-marriage-perks
If you have questions about your financial planning needs, and how a plan can be designed around your own unique circumstances, you may schedule a complimentary initial consultation at https://calendly.com/planningforgood/complimentary-initial-consultation-website.