On June 26, 2015, the Supreme Court of the United States made a monumental decision regarding marriage. The US Supreme Court legalized same sex marriage for the nation. We congratulate the celebration of love all people can share.
If you are a same sex couple, now that you can marry in all 50 states, it is time to think about updating/creating your trust. With this decision, same sex couples can now take advantage of the estate taxing benefits that only traditional couples were able to utilize. These benefits are huge! Same sex couples are eligible for married tax planning trusts, and these trusts can protect beneficiaries of same sex couples from a 55% tax rate. For more information on this benefit, please contact our offices for a free consultation!