Same Sex Financial Planning

Same Sex financial PlanningSame Sex financial Planning

Javier and Robert
64 and 72 years old ?
Javier is a retired CEO
Robert is a retired schoolteacher

Javier and Robert were legally married in California more than ten years ago, however, they reside in Arizona and are Arizona residents for tax purposes. Arizona did not recognize same-sex marriage until recently. Javier and Robert needed to know what to do about their financial and retirement planning in light of the status change arising from the 2013 Supreme Court decision.

Key Concerns: Navigating the frustratingly complicated financial situations that gay and lesbian couples face. This includes retirement and tax planning, succession planning, beneficiary designation, interstate succession, spousal or survivor benefits, healthcare directives, parentage, inheritance rights, estate taxes, protecting federal and state benefits (social security, pensions, etc.), revamping estate planning documents, and combining assets.