Although most states have come a long way in recognizing the rights of same sex couples, estate planning for same sex couples is essential. Not all states provide the same inheritance and tax benefits that are conveyed to married couples of the opposite sex.
If a person dies without a Last Will & Testament, state intestacy statutes govern the distribution of the deceased individual’s assets. In addition, some states will not recognize that a partner has any rights to manage an incapacitated partner’s financial and medical well-being. A well thought out estate plan will ensure the most benefit when addressing these issues. Please contact us so we can discuss your individual situation and come up with a plan specific to you.