Marriage Vs Domestic Partnership
Domestic Partnership Marriage
Domestic Partnership : Sharing retirement benefits can be complicated.
Marriage : Spousal retirement benefits are easier to access.
Domestic Partnership : You may not have access to your partner’s health insurance.
Marriage : You’ll have access to spousal health insurance.
Domestic Partnership : They are no special asset transfers.
Marriage : You have unlimited asset transfers in most states.
Domestic Partnership : You’ll avoid the “marriage tax” penalty.
Marriage : You’ll get a larger standard tax deduction and gift tax exemption.