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Marriage & Wedding Information |
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Divorce Rate Plummets As More Americans Shack Up Instead of Getting Married
More Americans are taking "til death do us part" seriously. According to the recently released Rutgers University National Marriage Project the number of divorces is declining. But the lower divorce rate is largely because couples are postponing, choosing not to, or are legally unable to get married. Like Oprah Winfrey and Stedman Graham, and Elton John and David Furnish, these 11 million unmarried couples are in committed relationships and sharing financial obligations, but aren't entitled to the 1,140 federal laws that apply to married couples. "Although unmarried couples don't receive federal protection like married couples, documents can be developed to mirror some of those protections, not just if you break up, but in the event of the death or incapacitation of one of the partners" says Debra Neiman, CFP® and co-author of Money Without Matrimony. "From creating a durable power of attorney to making sure jointly held property is correctly titled, it takes work for unmarried couples to protect themselves financially, but it's well worth the effort." According to Current Population Reports the average American will spend the majority of their life unmarried and those people will likely partner, live together and enter financial commitments with another person. Neiman, with co-author Sheryl Garrett, CFP® caution these couples to do the necessary paperwork and planning while the relationship is good. "No matter how temporary or permanent the relationship, it's easier making financial decisions about the future of your relationship while you're still in love," says Garrett. "Because there are no laws to protect finances for unmarried couples - barring states that recognize common law marriages - planning today makes a possible break up tomorrow easier, financially speaking." And planning is not just for romantically involved couples. "Whether romantically involved, or not, the issues are the same," says Neiman. "Everything needs to be in writing including who pays what bills, how rent will be paid and who gets what if the two of you part ways." Al Martin is a freelance writer covering real estate, personal finance and investing topics.
MORE RESOURCES: An Enduring Commitment, Wedding Ring or Not The New York Times Rita Ora Reveals Her Sparkling Emerald and Gold Wedding Ring from Marriage to Taika Waititi Yahoo Entertainment Eddie Murphy, Martin Lawrence play-fight about who pays for wedding if their children marry Yahoo! Voices CNN's Alex Marquardt Weds Amanda McClements in 'Dreamy' Mallorca Wedding: 'A Magical Joyous Moment' PEOPLE Portia de Rossi Surprises Wife Ellen DeGeneres with Vow Renewal (and Rewears Her Wedding Dress!) PEOPLE Married At First Sight wedding guest Samantha Symes busts out as she shows off her GG-cup cleavage Daily Mail Quickie Vegas Weddings Just Got Easier — The Airport Location Where You Can Now Grab A Marriage License TravelAwaits Satyadeep Misra On His Second Marriage: 'Wedding With Masaba Gupta Was Not Secretive' | EXCLUSIVE News18 Kiara Advani and Sidharth Malhotra Wedding LIVE Updates: Mehendi, Sangeet Ceremony to be Held Today Zee News A marriage of East and West: Turning wedding dreams of couples from India, abroad into reality The New Indian Express Hugines celebrate 50 years of marriage Walterboro Live Whitehall historic home is holding micro weddings in February Courier Journal Married At First Sight newlyweds reveal bride's wedding dress caught on FIRE during their ceremony Daily Mail They married at a hospital chapel, days before the groom's triple ... American Heart Association News Civil Service couple set example with ‘quiet’ wedding, sponsor orphans’ education The Indian Express ‘Forced marriage is painful’: bride’s wedding breakdown in China goes viral South China Morning Post Priyadarshan, Lissy's son Siddharth gets married. See viral photos | Entertainment News | Onmanorama Onmanorama Pamela Anderson’s dating history from 12 day marriage to Christmas wedding to bodyguard OK! magazine Remembering When Kourtney Kardashian and Travis Barker Gambled on a Las Vegas Wedding After the Grammys Yahoo Entertainment Sidharth Malhotra dances with bride at Delhi wedding, shyly changes subject when asked about his marriage with Kiara Advani. Watch The Indian Express KL Rahul-Athiya Shetty Marriage: Wedding Venue, Guest List & Everything You Need To Know CricketTimes.com Jarred Italian-Style Soups Trend Hunter Shah Rukh Khan Called 'India's Tom Cruise' By US Critic; Here's Why We & SRK Fans Beg To Differ News18 Athiya Shetty, KL Rahul UNSEEN pics from wedding is all about love, fun and 'Kacchi Kairi' Times Now Married At First Sight's Bronte Schofield flaunts her figure in a skimpy bikini at a Perth beach Daily Mail The President and First Lady Announce the Marriage of their ... The White House How Couples Are Incorporating Pickeball Into Their Weddings The New York Times After a First Date at Popeyes, Marriage Was on the Menu The New York Times Your dream wedding might not be legal – time to update England's old-fashioned marriage laws The Conversation The Best Wedding Planning Tips for Older Couples or Second ... Katie Couric Media Congress passed the Respect for Marriage Act. It's not without its ... Pennsylvania Capital-Star Supreme Court Hears Arguments on Whether Wedding Website ... Ogletree Deakins Jennifer Lopez and Ben Affleck Wed in Las Vegas The New York Times ‘Still Growing Together,’ a Teenage Crush Leads to Marriage The New York Times New Services Allow a ‘Buy Now, Pay Later’ Approach to Weddings The New York Times In step toward civil marriage, Jerusalem court accepts ‘Zoom weddings’ from Utah The Times of Israel |
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