Financial Planning For Non-Traditional Couples
When you are part of a non-traditional couple, understanding your financial options is crucial.
According to data from the 2010 U.S. Census, there are about 6.8 million unmarried-partner households, and the number of same-sex couples living together is approximately 620, 000 and growing.
What defines non-traditional couples? For those who fit that definition, what specific areas of the financial planning process are important for you?
On Monday's Central Standard, our CA$H MONEY CLIQUE: David Jackson, Dan Mathews,and Alex Petrovic (Petrovic Financial Services, Inc.), discuss how you can get the most from estate, gift, tax and insurance planning as well as financial management geared toward your life as a non-traditional couple. Joining them is Joshua T. Hatfield Charles, of SPC Financial, Inc. who specializes in financial issues facing non-traditional couples.
Joshua T. Hatfield Charles is is a Certified Financial Planner TM Professional, Chartered Financial Consultant®, Chartered Life Underwriter, Certified Estate Planner®, Accredited Domestic Partnership Advisor, and holds the Certified in Long Term Care designation.
J.T. has been quoted in Investment News about risk management for unmarried couples, in the CFP Board Report and in Investment Advisor on the same subject. An Ambassador for the CFP Board of Standards, he also speaks to national audiences in hopes of providing education on the special considerations associated with nontraditional relationships.
Born in North Carolina, J.T. grew up in Rockville, Maryland, where he attended Thomas S. Wootton High School. He earned his Bachelor’s Degree from Florida State University.