Why is it important to plan for same sex partners and domestic partners?
We have had a tremendous amount of change in regard to estate planning for same-sex couples with the legalization of same-sex marriage throughout the United States.
However, many individuals are not married, and remain in committed relationships with their domestic partners, or just in a couple relationship, without any legal status.
As a result, they need to specifically plan any estate planning documents to be allowed to be decision makers for one another. A same-sex partner who is not married to an individual would not have any legal authority to handle finances or make medical decision for an individual, and would not naturally inherit from that individual if it’s not properly planned for n legal documents.
In order to properly benefit one another, it’s important for same-sex or domestic partners to properly account for one another in legal documents so that their relationship and inheritance rights are properly defined.