Announcement

Collapse
No announcement yet.

Avoiding legal marriage?

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • #31
    Originally posted by conniebird View Post
    Not a women's issue per se but with female physicians and a partner that makes a comparable income - how many of you have thought about NOT getting legally married. I really don't see the benefits and if anything there are many penalties - marriage tax penalty, getting phased out of certain deductions, possible AMT, and in the event of a divorce losing possibly half of your assets and owing alimony.

    I don't see that not getting legally married affects commitment - since people get divorced anyway. One can still have an actual wedding and vows, no one will be the wiser. You can still buy property and have both names on the deed and on the mortgage.

    I know a few high earning couples that are not legally married for the reasons above, and plan on getting married once they retire. Sure, it can backfire and someone can die and you won't get their Social Security, but will you really need it anyway? It's not much.

    Curious if anyone else has thought about this, I am seriously considering not getting legally married, as it would bump us both up to the next tax bracket and phase aside a certain deductions.

    Seems like a lot of the posters here, and I mean no disrespect, have stay at home wife's which are not as or affected by this.
    I’m a male and I thought exactly the same and am not married despite having a child

    Comment

    Working...
    X