Before the Maryland attorney general said that the state would immediately begin recognizing out-of-state gay marriages, insurance companies doing business in Maryland already had to give coverage to domestic partners of employees in the state if their employers requested it.
The Maryland Insurance Administration is investigating whether it now needs to update regulations about insurance sales [...]
Unless they live in a gay marriage state, same-sex couples don’t have access to marriage laws that say how property and income brought into a relationship is treated. Instead, partners need to come up with a system to handle their finances.
Here are the most popular ways and their consequences:
As a Traditional Marriage
Under this model, couples [...]
Jason Brown a Minnesota divorce lawyer, talked last week about how to divide personal property during a divorce. It’s useful advice because while there’s lots of guidelines and rules about how to divide things worth a lot of money (house, car, investments), it’s unclear how to handle personal items.
Jason suggested using one of four methods:
Two [...]
Dallas divorce lawyer Nathan Anderson pointed out an interesting article about how marriage has increased income for men over time.
Income for married men has increased by 60% since 1970, but for unmarried men it has increased by only 16%. According to the article, there’s two reasons for the difference:
More men are marrying women who make [...]
News broke yesterday that Brad Pitt and Angelina Jolie, called the world’s most famous couple, might be splitting after a five year relationship. They weren’t married, but they did have two things that would make their breakup legally complicated:
Lots of money.
Six kids.
But rather than fight over the money and custody of the child, they’ve apparently [...]
A lot of couples responsibly talk about money issues before they get married. They discuss who is going to own what, how income will be divided, how to pay off current loans. But what about the financial issues that pop up during the marriage itself?
Ron Leiber, a columnist from the New York Times, wrote about [...]