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Cut The Legal Red Tape

Money Magazine Australia

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April 2018

After the celebrations, if you’re part of a same-sex couple you need to get to grips with some boring but important paperwork.

- Susan Hely

Cut The Legal Red Tape

In all the excitement around celebrating a same-sex marriage, probably the last thing on your mind is safeguarding your wealth as a couple. But if you haven’t already discussed finances with your partner, it is always a good idea to clear the air. There are a number of legal documents to draw up that will help protect each person’s assets – and the dependants – in case of any unforeseen events.

Having a marriage certificate makes it easier for same-sex couples to explain their relationship to a super fund, lawyer or doctor. Without a certificate, you can spend more time and often more money providing documentation about the de facto relationship, such as how long it had been going.

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