Alarming Realities Retirees Need to Face Regarding Cohabitation and Estate Planning
The relationship landscape has significantly changed over the past several decades. According to a study by the National Center for Family & Marriage Research, the marriage rate in 1970 was 76.5%; today, it stands at 31%. These days, an increasing number of couples at all stages of life are choosing the path of cohabitation over the legal binds of marriage. However, with that flexibility comes challenges, especially regarding estate planning. Long-term cohabitation without the bounds …