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This couple in their 30s have serious financial tension — she refuses to combine finances, he feels uncertain. ... Justin, 38, wondered. Maggie, 34, admitted having trust issues around Justin ...
A new survey finds that 64% of couples admit to being “financially incompatible” with their partners, with different philosophies about spending, saving, and investing their money.
The "credit shelter trust" generally only works for married couples since (a) the tax code provides the opportunity to shift assets between married persons for an unlimited amount by means of the unlimited marital deduction; and (b) unmarried persons attempting to do the same would be impacted by the "gift tax" during life.
A recent study from Fidelity found that only about half of couples say they make financial decisions together. This shows that even people who are close don't always see eye-to-eye on money matters.
Carnwath J approved the "floating trust" analogy, first proposed by Dixon J in Birmingham v Renfrew [1937] CLR, which holds that the law will give effect to the intention (to create a mutually binding will) by imposing a floating trust which becomes irrevocable after the death of the first testator and crystallises after the death of the survivor.
It is estimated that nearly 50% of all married couples divorce, and about one in five marriages experience distress at some time. [citation needed] These numbers vary between countries and over time; for example, in Germany only 35.74% of marriages ended in divorce, half of those involving children under 18.
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Connecticut means that married couples have the right to have contraceptives distributed to them; if so, then unmarried people have that same right. ("If the right of privacy means anything, it is the right of the individual, married or single, to be free from unwarranted governmental intrusion into matters so fundamentally affecting a person ...
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