Steve Gunn, CRPC, is a Financial Advisor who holds the Accredited Domestic Partnership AdvisorSM Designation with Wells Fargo Advisors, LLC, in Seattle. He addresses the financial challenges that same-gender partners face. Reach Steve at steve.gunn@wfadvisors.com and www.wfadvisors.com/steve.gunn
Divorce is rarely easyand it’s often not a topic that most couples like to discuss. But understanding its financial implications can help same-gender couples navigate an always difficult and emotional situation.
How couples’ assets may potentially be divided, and the resulting financial or tax impact, can differ substantially depending on if they are legally married, partnered or in a civil unionand where.