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ARTICLE · 04 SEPTEMBER 2023

Financial Planning Is Critical For Unmarried Couples

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When it comes to financial planning, married couples enjoy certain advantages. For example, if they divorce and have not entered into a prenuptial agreement...

United StatesWealth Management
Daniel Konow
Daniel Konow
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When it comes to financial planning, married couples enjoy certain advantages. For example, if they divorce and have not entered into a prenuptial agreement, state law provides for an equitable division of their assets. Similarly, if one spouse dies without a will, state law typically says that the surviving spouse inherits a portion of the assets.

Despite these protections, married couples should have a plan to ensure that their wishes are carried out. But planning is critical for unmarried couples, who may face devastating consequences if they split up — or if one person dies — without a plan in place. If you and your partner are unmarried, here are some issues to consider:

TAX-PLANNING OPPORTUNITIES

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