Tag: domestic partnership

The article highlights the increasing prevalence of unmarried couples and the financial complexities they face due to the lack of legal protections afforded to married couples. Without marriage, navigating issues like asset division upon separation, Social Security benefits, and inheritance can be challenging. The article advises unmarried couples to proactively address these concerns through legal contracts like domestic partnership agreements, carefully structuring property ownership (favoring joint tenancy with rights of survivorship), updating beneficiary designations on accounts, and creating comprehensive estate planning documents including wills, healthcare proxies, and