First on our list here we have filing taxes. This is the most common (and talked about) legal benefit of getting married. When you get married, you now have the opportunity to file joint taxes with your spouse. That is if you choose to. It’s not mandatory that you file joint taxes just an added bonus of being married.
Not only do you have the ability to combine all of your taxable income, but you also have the ability to transfer an unlimited amount of assets to your spouse for a deduction any time you’d like. Single people definitely don’t have this option, so if you’re married or planning on getting married I would use it to your advantage.
The next benefit of legally getting married (and staying married) is your social security benefits. In order to receive these benefits, you must be at least 62 or older, be caring for a child (16 years or younger) who can receive benefits, or be disabled. Depending on your circumstances you could also receive benefits such as Medicare, disability, veterans, military, or pension plan through your spouse.
Number three on our list is IRA (individual retirement account) benefits which you may be able to receive if you or your spouse has one.
Depending on the insurance (medical, auto, dental, vision, etc) many companies offer a discount for people who are married. Insurance benefits also go as far as to allow one spouse to collect benefits for the other spouse at work. This is one of the most commonly known benefits of legally getting married.
Ah, prenups everyone’s least favorite subject when it comes to marriage. We believe this is partially for the misunderstanding that comes along with them. Prenuptial agreements can come with some pretty cool legal benefits to getting married.
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