Paper Source Note Symposium 2020 banner

If you live with your partner and are unmarried, this is what happens when you die

The number of unmarried couples who live together reached 18 million in 2016, a 29% jump from 14 million in 2007, according to the Pew Research Center. Among adults age 50 and older, however, the increase was 75%: About 4 million were cohabiting in 2016, up from 2.3 million in 2007.

Although the arrangement has gained broad societal acceptance, according to a separate Pew Research report, such couples still face some key differences from their married counterparts. For example, filing a federal tax return as a couple is not possible. Or, if your employer happens to extend health insurance to your partner, the amount your company contributes is taxable to you (vs. being tax-free for a spouse).

As a result of these difference, end-of-life considerations need some attention.

Continue Reading:

Powered by WishList Member - Membership Software

Scroll to Top