Estate Planning

The IRS views married couples as a single economic unit. When one spouse dies no estate taxes are due. This is called the unlimited marital deduction.

When one partner in a same-sex couple dies, 100% of their joint assets get counted towards estate tax bills. You need to take certain critical steps in advance. (This is why your financial needs are unique.) Your Christopher Street Financial advisor can help you to avoid these pitfalls.

Some of the most common questions asked are:

• How can I protect my partner and/or my loved ones from hostile relatives?
• How do my partner or I avoid excessive taxes?
• How can I ensure that my assets go where I want them to go?

Even if you do have a legally valid will, some relatives can still successfully contest same-sex partner’s inheritances. Let the legal advisors associated with Christopher Street Financial show you how to avoid those traps.

NFP Securities, Inc. does not offer tax or legal advice.

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To ensure compliance with requirements imposed by the IRS under Circular 230, we inform you that any U.S. Federal tax advice contained in this communication, unless otherwise specifically stated, was not intended or written to be used, and cannot be used, for the purpose of (1) avoiding penalties under the Internal Revenue Code or (2) promoting, marketing, or recommending to another party any matters addressed herein.