The marriage equality ruling grants same-sex married couples the same rights as other couples with regard to taxes, estate planning, health insurance, child custody, medical decision-making authority and more.
But just because you CAN get married, SHOULD you?
Seven out of 10 committed same-sex couples do not fully understand the financial pros and cons of getting married. 82% of affluent LGBT Americans living with partners say getting married is a complicated decision*. Below are common questions that same sex couples ask. Although we do not provide any answers that may have legal or tax ramifications, we can still guide you appropriate resources to help you answer those questions.
* Source: Findings from the 2015 LGBT Public Release Study, Wells Fargo, Wealth, Brokerage & Retirement, date May 2015.
Wells Fargo Advisors is not a tax or legal advisor