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Wednesday April 23rd 2014

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Financial Advisers to Benefit from Same-Sex Marriage

SameSexMarriageFinancial advisers say LGBT couples have to take a second look at their financial planning following the Supreme Court’s decision to extend federal recognition of same-sex marriages in states that recognize them. That translates into a lot of work for the professionals helping LGBT clients with their finances, with some prioritizing what must be addressed right away and what can wait a bit longer. One problem is the uncertainty that still exists in how various federal agencies will interpret the rules on what federal benefits are available to gay couples in states that don’t recognize gay marriage according to a recent report at Upstart Business Journals.com