Monday, January 26, 2009

Marriage's Financial Pro's and Cons


Posted By: Brendan Boesch


The California Supreme Court's recent decision legalizing gay marriage gives more couples the chance to ask themselves: Should we vow to spend the rest of our lives together?
But before getting swept away with visions of matching tuxes or bridal bouquets, it may pay to ponder the monetary implications of 'til death do us part. Because while marriage—both gay and heterosexual—offers many financial benefits, it comes with potential disadvantages, too. (Only the state-regulated effects, however, apply to married gay couples, because the federal government does not recognize gay marriage.)


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