Costly tax headaches for same-sex couples, even in NY
Quick ReadIn deciding to get married, longtime partners Maggy Porter and Arlene Bronfman discovered "what was supposed to be this way of expressing our love was going to seriously confuse our taxes, investments, estate planning, really all our finances." Romance won.
Photo credit: Getty Images | Same-sex marriages in New York face extra challenges because the federal government doesn't recognize such unions and that complicates taxes, investments, estate planning. (June 10, 2008)
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After 13 years together, Maggy Porter and Arlene Bronfman began to talk last June about marriage when New York State passed its Marriage Equality Act. Until, that is, the New York City couple visited their accountant.
"What was supposed to be this way of expressing our love was going to seriously confuse our taxes, investments, estate planning, really all our finances," says Porter, a registered...
