Estate Concerns for Unmarried Couples
Unmarried couples find themselves facing unique legal challenges when it comes to Estate Planning. Understanding and addressing these concerns is crucial to ensure that their wishes are respected, their assets are protected, and their loved ones are provided for in times of need.
The Reality of Inheritance Laws: In most states, unmarried couples do not have automatic inheritance rights when it comes to their partner’s assets. Without proper planning, these assets may not pass to the surviving partner.
Exceptions for Domestic Partners: A handful of states recognize the rights of couples in domestic partnerships or civil unions, granting them inheritance rights similar to those of married couples. However, this is not the case in Florida.
A central concern of most unmarried couples is the ability to pass on their property to whomever they want. One way to ensure this is by creating a Will or Trust. Without a Will or Trust, state laws will dictate the distribution of assets..
Unmarried couples can also explore other legally recognized methods to leave property to their partner, safeguarding their assets for their loved one’s future. It’s important to note that some unmarried couples may face legal threats from family members who challenge their estate plan. To counter such risks, clear and indisputable evidence of competency during the Estate Planning process is important.
Unmarried couples deserve the same peace of mind and legal protections as their married counterparts. Understanding the legal system is essential for safeguarding their assets, ensuring their partner inherits their assets and property, and defending their wishes against potential legal threats.
At The Mendez Law Firm, we specialize in tailoring estate plans to your family’s unique needs. Contact us today at (407)380-7724 or email us at mail@themendezlawfirm.com. We’ll schedule you for a FREE, no obligation consultation, in-person or by videoconference. Let us guide you in creating a comprehensive estate plan that secures your assets, prioritizes your partner’s well-being, and provides peace of mind for you and your loved ones, regardless of your marital status. If you are looking for a Florida estate planning attorney in the Greater Orlando Area, we are here to help with all your Estate Planning and Asset Protection needs.