Auto shopping dating and marriage
Thus, if John’s and Jane’s employers each pay for health coverage, they’re better off keeping their policies separate.If John has coverage and Jane doesn’t, they have to make a calculation: Do John’s extra taxes exceed what it would cost Jane to get a private health insurance policy?This could be a great move, but be aware of potential problems.Keep in mind what I said above: The house belongs to the person whose name appears on the legally recorded deed.Because she makes more than John, Jane proceeds to make the monthly mortgage payments.Is Jane then entitled to any of the equity she’s creating by paying down John’s mortgage? Absent a legal document to the contrary, it’s John’s house and his equity.If you don’t relish the idea of a parent, sibling or some distant uncle inheriting everything, get a will.Something else to consider: If you’re rich — say, with assets exceeding million — you could have estate tax issues that wealthy married people don’t. Many big companies and government agencies will extend health insurance coverage to unmarried couples.
Once you’ve proved it, you’ll then have the privileges of married couples — including the privilege of going through a legal divorce if you break up. I'm the founder of Money Talks News and have spent the last 40 years in the personal finance trenches.If you’re married and die without a will, your estate will eventually go to your spouse because, according to the law, your spouse is your next of kin.If you’re unmarried and die without a will, your estate still goes to your next of kin — but that’s not your partner.I'm a CPA, author of a few books and multiple Emmy recipient.I'm married to a woman I don't deserve, have an awesome dog and live on the water in Fort Lauderdale, Fla.