How to Plan Your Estate as a Cohabitating Couple

Estate planning can seem like a long, uphill battle to a land that is optimistically distant.  No one likes to think about what happens after they’re gone, but this thought process can be the difference between recovery and devastation for your loved ones.  It’s critical to ensure that you have taken the proper steps to put your affairs in order so that your spouse and children will be taken care of.  This task can be even more critical for the growing number of couples choosing cohabitation over marriage.  These couples lack many of the legal rights that aid married couples in their estate planning.  The growing numbers of the adults choosing to cohabitate rather than marry, either heterosexual or same-sex, need to take extra care in planning their estate to ensure that all of the I’s are dotted and T’s are crossed.

 

Estate planning is a critical step in everyone’s lives, no matter their marital status, but there is nothing more disheartening that thinking of leaving your loved ones with nothing.

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