[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/www.amorusolaw.com\/blog\/despite-advances-for-lgbt-couples-an-estate-plan-is-still-needed-white-plains-ny-greenwich-ct\/#BlogPosting","mainEntityOfPage":"https:\/\/www.amorusolaw.com\/blog\/despite-advances-for-lgbt-couples-an-estate-plan-is-still-needed-white-plains-ny-greenwich-ct\/","headline":"Despite Advances for LGBT Couples, an Estate Plan Is Still Needed","name":"Despite Advances for LGBT Couples, an Estate Plan Is Still Needed","description":"Same-sex couples would be wise to get an estate plan rather than just depend on new legal protections. If same-sex couples get married in the U.S. today, they enjoy legal protections, but the Huffington Post recently gave some tips for same-sex couples in \u201c5 Estate Planning Tips LGBT Families Need To Follow In 2016,\u201d including: […]","datePublished":"2016-08-03","dateModified":"2024-03-20","author":{"@type":"Person","@id":"https:\/\/www.amorusolaw.com\/blog\/author\/amorusolaw\/#Person","name":"Amoruso & Amoruso LLP","url":"https:\/\/www.amorusolaw.com\/blog\/author\/amorusolaw\/","identifier":5,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/12de032c04195e9c39a06a6d6eea182f7b4fa655c20e245f8094a244b5cdd0cb?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/12de032c04195e9c39a06a6d6eea182f7b4fa655c20e245f8094a244b5cdd0cb?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Amoruso & Amoruso LLP","logo":{"@type":"ImageObject","@id":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/07\/amoruso-logo.svg","url":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/07\/amoruso-logo.svg","width":0,"height":0}},"image":{"@type":"ImageObject","@id":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/04\/6a01901dd0a082970b01b8d20bc52c.jpg","url":"https:\/\/www.amorusolaw.com\/wp-content\/uploads\/2023\/04\/6a01901dd0a082970b01b8d20bc52c.jpg","height":604,"width":900},"url":"https:\/\/www.amorusolaw.com\/blog\/despite-advances-for-lgbt-couples-an-estate-plan-is-still-needed-white-plains-ny-greenwich-ct\/","about":["Estate Planning","Power of Attorney \/ POA","Will"],"wordCount":230,"keywords":["Estate Planning","Power of Attorney","Will"],"articleBody":"Same-sex couples would be wise to get an estate plan rather than just depend on new legal protections.If same-sex couples get married in the U.S. today, they enjoy legal protections, but the Huffington Post recently gave some tips for same-sex couples in \u201c5 Estate Planning Tips LGBT Families Need To Follow In 2016,\u201d including:Get a Will \u2013 A will is the basic foundation of estate planning you can use to detail how you want your assets distributed and who you want to be the guardian of your children.Prenuptial Agreement \u2013 While not always necessary, a prenuptial agreement allows you to set the financial conditions of your marriage and how you want assets divided in case of divorce.Power of Attorney \u2013 Make sure you have a power of attorney in place as it will make it easier for a spouse, or someone else, to handle financial matters if anything should happen to you.Estate Tax \u2013 You need to be aware of the estate tax, not only at the federal level but in your state as well. If you have enough assets that taxes might have to be paid, you need to plan for it.Be Prepared for Curveballs \u2013 It is unlikely that the Supreme Court will reverse its decision on same-sex marriage, but you should always be preparedReference: Huffington Post (July 13, 2016) \u201c5 Estate Planning Tips LGBT Families Need To Follow In 2016\u201d"},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog","item":"https:\/\/www.amorusolaw.com\/blog\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"Despite Advances for LGBT Couples, an Estate Plan Is Still Needed","item":"https:\/\/www.amorusolaw.com\/blog\/despite-advances-for-lgbt-couples-an-estate-plan-is-still-needed-white-plains-ny-greenwich-ct\/#breadcrumbitem"}]}]