IRVINE, Calif., June 26, 2015 /PRNewswire/ -- In a landmark decision, The United States Supreme Court has ruled in favor of marriage equality, making marriage equality for same-sex couples as the law of the land. Justice Kennedy issued the majority opinion of the Court.
While many are celebrating the ruling as a big step forward for civil rights, many legal and financial professionals are debating the legal financial implications for same-sex couples.
"While this ruling is great news for those who are in favor of marriage equality and civil rights, there will be many challenges ahead as to how States, the Courts, and employers will interpret and implement new rules and regulations related to same-sex marriage," said Kevin D. Matz, an Estate Planning attorney.
Matz, who work with same-sex couples on estate planning, tax planning, wills, living trusts and advanced health care directives, recently wrote an Estate Planning Self-Test for Same-Sex Couples.
"Estate Planning is a topic that is complicated enough for people involved in heterosexual, or what some people may call traditional marriages; we are going to see an increased need for professional advice for same-sex couples who will be navigating these new laws and complex regulations related to the way they manage their estate plans and their finances." A recent CNN poll showed that nearly two-thirds of Americans support the rights of same-sex couples to marry.
Kevin D. Matz is an estate planning attorney associated with Holstrom, Block & Parke, APLC, a law firm with offices in Southern California. He works with same sex couples, traditional married couples and individuals seeking advice in the preservation of their assets and planning for the distribution of their estates to their loved ones. He also represents individuals and families in estate litigation matters and disputes involving a trust, will, power of attorney, conservatorship or probate proceeding. Holstrom, Block & Parke, APLC, can be reached at: 888-249-7560. www.hsbfamilylaw.com.
SOURCE Holstrom, Block & Parke, APLC