"We make excellent life partners, have supported each other through good times and bad, and feel aligned on the key issues. We both come from poor backgrounds and have at times struggled with money. After a rough career pivot, where my significant other almost hit rock bottom, they landed an extremely lucrative and stable job in finance. They're now making more than 15 times what I make! (Yes, literally.)"
"I've been married for 11 years and feel very strongly that no one should get married solely for tax benefits, and not just because marriage is about more than legal and financial status, though it is. Any tax benefits you reap can easily be undone by the costs of divorce (both literal and otherwise) if it doesn't work out, and you don't know if your income will be stable indefinitely."
A 23-year-old graduate student and a 28-year-old partner have been together two and a half years and share similar values and difficult financial backgrounds. The partner in finance now earns more than 15 times the student's income after a risky career pivot. The couple estimates marriage would save about $12,000 in taxes this year and up to $25,000 annually thereafter and would prefer a courthouse marriage without a large wedding. Advice cautions against marrying only for tax savings because divorce costs and uncertain future incomes can eliminate apparent benefits. The overall outcome depends on relationship durability and future finances.
Read at Slate Magazine
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