“They tell the government, `I`m going to take care of this person legally and financially if something happens to them,`” said Debra Neiman, a financial planner in Arlington, Massachusetts. She saw many customers rushing to the altar when Massachusetts became the first state to recognize same-sex marriage 11 years ago, and it didn`t always work out as expected. I love this post! I`m in a double doctor`s house with one child, and we`re married, but not legally. We had a wedding, we wear rings, etc. We did this because we would have paid $3,000 more in taxes as residents the same year we were married. We have done all the numbers, and it makes financial sense for us. Also, as a woman, I was frustrated that I had similar earning potential to my husband, which would result in a hefty tax penalty for both of us – how outdated it was. We have all the documents recommended above and we are unlikely to marry legally unless the advantages outweigh the disadvantages for us. I strongly believe that marriage and legal marriage should be considered separately, and people should do the legal paperwork when it suits their situation, which is often the case, but not always.
Now I feel comfortable having a “stable girlfriend.” We live together, we act like a married couple. We all have our own finances, but with a common account for certain expenses. We talked a lot about marriage. None of us need it for financial security coverage, but emotional security coverage is another matter. On the other hand, you can discuss why you should get married to show your love to your partner? There are many types of relationships nowadays that don`t have a certificate to prove their love. Marriage is not the only option for people these days. Whether you should get married or not is a question you will have to answer yourself, depending on your individual preferences. 2. Other people consider your relationship more legitimate Until there is a legal and/or religious explanation for your relationship, the family simply does not take the other person seriously. For a long time, we were introduced as friends at family celebrations. A grandfather once asked, “How is your friend?” To which the answer was: “The one I live with?” We were always the couple stuck on the sofa bed on a family vacation. It seemed ridiculous! The fact that we are married now helps them understand that we are real.
The fact is that no matter how we felt, they enjoyed the bonds of marriage either for religious reasons or because of deep traditions. So the feeling of “welcome to the family” didn`t really come to mind until we said, “I want to.” Because getting married can increase your household income, you may not be eligible for certain types of assistance – financial aid for college, for example, or programs designed to make it easier to pay down student debt. The U.S. The income-tested repayment program (IRR) limits your student loan payments to a percentage of your income. A single person earning $40,000 a year, with $100,000 in student debt, could pay $280 a month. If that person marries someone who earns $40,000 a year, their payment could exceed $700 a month. If the spouse earns much more than that, he or she may no longer qualify for IBR as a whole. A legal marriage can solve a variety of problems that parents face. For example, a parent often had to legally adopt a child born to their partner. That may no longer be necessary. There is one exception.
Same-sex couples considering adoption abroad may want to remain single for the time being. In countries where Americans adopt, officials often discriminate against same-sex couples and may be more open to one person. Sure, you could get married on a budget, but people will notice and comment on it. With social media promoting things like bride shame and wedding cake shame, do you really want to take the risk of hosting a cheap wedding? Marriage is a legal contract and offers benefits and consequences if the marriage ends in divorce. Historically, marriage has been a business transaction between families.
