This year, 2014, is the first year the federal government will recognize same-sex marriages for tax purposes. With state laws changing, being challenged and being initiated all over the country, it can be hard to keep up with the best advice. Here are the top suggested tips for LGBT couples, no matter where you live.
Now that the rules have changed, couples in a registered domestic partnership or civil union should consider getting married, which will allow you to adjust your tax withholding, and give you access to numerous other benefits. In Washington State, if you are at least 18 years old, but not older than 62 years old, and have a current state-registered domestic partnership, your relationship will be converted to being married as of June 30, 2014.
Make the most of your money by checking these areas:
Over the past 30 years, the Law Offices of Christopher A. Benson has helped more than 800 clients prepare and utilize simple and effective planning techniques to protect them and their families in order to avoid probate, save estate taxes, save money and save added emotional burden that comes from long term illness and/or death of a family member. Give us a call to schedule a free consultation to find out how we can help you and your family.
About the Author
Chris served on the Board of Directors for Habitat for Humanity
Seattle/S. King County for 10 years and served as Vice President
of the organization during part of that time. Read More