Most Helpful Guy
Yes marriage is way to overrated. The way I feel right now is I never want to get married. Marriage costs a lot of money and so many people these days don't stay married. When that happens the guy pretty much never gets considered as much for custody of kids, often even if he is the better choice and it seems that he has to give half of everything he has ever worked for. So many people can't stay together anymore and separate on the most stupidest little things. Then there is the way I have been treated constantly by girls. :( I am sorry not trying to sound so negative but the idea of marriage for me is a turn off. This could change but I don't think it will. :(
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Most Helpful Girl
No, It's underrated.
Random Benefits of Getting Married in the US:
1. For immigrants ~ US Citizenship
2. Tax Purposes: You will receive a higher refund check filing jointly.
there's More: blog.turbotax.intuit.com/.../
3. Medical coverage if you don't have it but your spouse does.
4. You have more protection if your spouse dies. “If one passes away without a will, the state is going to dictate where your assets go,” Toal says. If your significant other still has parents and siblings in the equation when that happens, they may receive assets over a nonrelated boyfriend or girlfriend.
5. If your significant other is in a car crash, you may have more difficulty seeing him or her at a hospital if you aren’t a blood relation or a legal spouse. And if a judge has to name someone to make healthcare or financial decisions on behalf of your partner, you may be overlooked in favor of a parent or sibling if you aren’t married. “What if the parents of the other person don’t like the significant other?” Toal says. “They will be in court battling for control of everything.”
6. You can receive Social Security benefits. “Spouses have the option of filing for a spousal benefit, which gives them the potential to collect up to 50% of the other spouse’s benefit amount,” says Michael Lynch, vice president of strategic markets for Hartford Funds in Radnor, PA. There is also the possibility for a larger benefit upon the death of a spouse, he says. Imagine, for instance, that you are collecting $1,000 a month in Social Security benefits and your spouse is collecting $1,200 a month. If your spouse dies, you could start collecting survivor benefits of $1,200—a $200-per-month increase. As a domestic partner, you have no such option.
7. You can receive survivor’s benefits from a pension plan. If your spouse is lucky enough to have a pension, and they’ve elected to have survivor’s benefits, you will continue receiving pension benefits after he or she dies. “The benefits are the biggest thing,” says Ted Toal, a financial planner with Rockwood Wealth Management in Annapolis. “Especially for those who are older.”
8. You’ll qualify for an estate tax marital deduction. When one spouse dies, his or her estate passes to the surviving spouse, tax-free. That’s not true for domestic partners, and even though the federal exemption is fairly high—currently $5.34 million—the exemption in some states is low enough to catch even moderate estates.
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