Increasingly, older adult couples are choosing to cohabitate without getting married. A recent study shows that roughly one quarter of the nation’s cohabitating couples are individuals over the age of 50.1 The majority of these individuals have been married before. The reasons for choosing not to get married vary widely, but it isn’t uncommon for older adults to remain single to avoid negative consequences such as forfeiting a survivor’s pension or health
Asset Protection and Long-Term Care Planning for the Unmarried Couple
It’s best to start before the need arises.