The below article illustrates why proper planning and advice is so important. The reason LGBT couples fall into these traps, and owe unnecessary taxes, is poor planning. Seek the advice of qualified advisors. There are efficient methods to reduce, or eliminate, the payment of death taxes. It’s important not to be penny wise and pound foolish in these matters. Seek help. If you would like to discuss your options, please feel free to call and set up a consultation with Estate Planning attorney Charles Bratton.
Learn more about Bratton Scott’s life and estate planning for the LGBT community and the problems estate planning solves on our web page here.