Windy City Media Group Frontpage News

THE VOICE OF CHICAGO'S GAY, LESBIAN, BI, TRANS AND QUEER COMMUNITY SINCE 1985

home search facebook twitter join
Gay News Sponsor Windy City Times 2022-06-08
DOWNLOAD ISSUE
Donate

Sponsor
Sponsor

  WINDY CITY TIMES

Charles Schwab hosts event about marriage equality
Special to the online edition of Windy City Times
by Carrie Maxwell, Windy City Times
2015-08-12

This article shared 6455 times since Wed Aug 12, 2015
facebook twitter pin it google +1 reddit email


Charles Schwab recently hosted a presentation and discussion, "To Have & To Hold: Same-Sex Marriage After Obergefell v. Hodges," at Charles Schwab's Michigan Avenue branch.

The event was one of a number of Out & Equal Chicagoland's year-round Citywide Pride presentations and networking events hosted by Chicago area companies and organizations.

"Out & Equal Chicagoland promotes our Citywide Pride events to LGBT, HR and diversity and inclusion professionals," said Jim Huberty, chair of Out & Equal Chicagoland. "Citywide Pride events focus on three thing—learning about topics of interest to LGBT people, networking and leadership development."

Ray Koenig, Esq. ( Clark Hill PLC partner specializing in estate, trust and guardianship litigation ) and Tom Franklin ( CPA and principal, Thomas H. Franklin & Associates, LLC ) served as the event's presenters.

Following words of welcome by Christopher Grozev ( vice-president/financial consultant, Charles Schwab & Co., Inc. ) and an introduction by Brennan Miller ( vice-president and branch manager, Charles Schwab & Co., Inc. Michigan Ave. and Lincoln Park locations ), Koenig and Franklin told the approximately 40 people in attendance about the legal and financial impacts of the U. S. Supreme Court's Obergefell v. Hodges decision on same-sex couples and their families.

Koenig focused on the legal implications of same-sex couples who decide to get married. He spoke about the 12 year journey that lead up to the Obergefell decision this past June that legalized same-sex marriage across the country.

"Every state has to issue marriage licenses to two people of the same sex and recognize marriage licenses that are issued by other states. Other states in this context mean other countries as well," said Koenig.

Koenig noted that, along with the right to get married anywhere in the country, same-sex couples also have access to the same public benefits that opposite-sex couples have including the Family and Medical Leave Act, Supplemental Security Income, Medicare and Social Security.

Along with those public benefits; Koenig explained that same-sex couples should be treated the same as opposite-sex couples in terms of private-sector benefits including health insurance, retirement and adoption and surrogacy.

Koenig said it's important to meet with an attorney and an accountant before getting married because in some cases it might not be financially beneficial for couples to get married. He also noted that estate planning in the form of a last will and testament, powers of attorney for healthcare and property and in some cases a trust is vital for married and unmarried couples as well as single people to ensure that one's financial interests will be taken care of in case of incapacity or death.

Franklin spoke about the financial impact on married same-sex couples including estate and gift tax rules and the two types ( with highly limited exceptions ) of filing statuses—married filing jointly or married filing separately.

As for filing taxes jointly or separately, Franklin noted that every couple's situation is unique depending on many factors including how much money they make and the distribution of earnings between both people. Franklin explained that before a couple marries they should seek out a tax professional to determine if they will receive a marriage penalty or benefit.

A Q&A session followed the presentation.

See www.outandequal.org/resources/community/regional-affiliates/chicagoland for more information .


This article shared 6455 times since Wed Aug 12, 2015
facebook twitter pin it google +1 reddit email

  ARTICLES YOU MIGHT LIKE

Gay News

Young LGBQ adults experience more psychological distress than older LGBQ people
2022-08-11
-- From a Williams Institute press release - A new study by the Williams Institute at UCLA School of Law finds younger LGBQ adults are physically healthier but have worse psychological distress than older LGBQ people. Researchers examined a representative sample of LGBQ people ...


Gay News

Calif. Gov. Gavin Newsom names first queer woman to state supreme court
2022-08-11
California Gov. Gavin Newsom announced his intention to appoint Alameda County Superior Court Judge Kelli Evans to serve as an associate justice of the California Supreme Court to fill the vacancy created by Justice Guerrero's elevation ...


Gay News

NATIONAL Okla. schools, Tenn. lawsuit, political items, Mich. library
2022-08-07
Video below - Oklahoma public schools have started requiring students from kindergarten to college to complete "biological sex affidavits" if they want to compete in school sports, in accordance with a state law that took effect earlier this year, ...


Gay News

WORLD Zelensky, French position, UK drag-queen shows, triathlons
2022-08-07
Ukraine President Volodymyr Zelensky confirmed he will ask Ukraine's government to look into legalizing same-sex marriage after the war with Russia ends, PinkNews reported. Ukraine's constitution defines marriage as between a man and a woman. Last ...


Gay News

Uganda government forces LGBTQ+ group to shut down
2022-08-07
An LGBTQI+-rights group in Uganda said the country's government forced it to shut down, according to The Washington Blade. Sexual Minorities Uganda (SMUG), in a press release, said Uganda's National ...


Gay News

Indiana Gov. Holcomb signs bill banning most abortions
2022-08-06
Indiana Gov. Eric Holcomb has signed a bill that would ban most abortions—making it the first state to pass a restrictive law against the procedure since the U.S. Supreme Court overturned Roe v. Wade earlier this ...


Gay News

Brittney Griner found guilty, sentenced to nine years
2022-08-04
On Aug. 4, a Russian court found out WNBA star Brittney Griner guilty of drug smuggling and possession charges—and sentenced her to nine years in prison. The widely expected verdict came after a monthlong trial ...


Gay News

Sexual-misconduct report findings force Chicago charter-school leader to leave
2022-08-04
A Chicago Public Schools inspector general's report substantiating allegations of inappropriate sexual conduct with a student forced Tim King, the head of a prominent charter school network, to resign recently, WBEZ reported. King, who founded Urban ...


Gay News

Judge: W. Va.'s Medicaid program must cover transgender care
2022-08-04
In West Virginia, U.S. District Judge Chuck Chambers ruled that the state's Medicaid program must provide coverage for gender-confirming care for transgender residents, ABC News reported. Chambers made the ruling on Aug. 2 in a lawsuit ...


Gay News

Attorneys general file brief in Indiana trans case
2022-08-04
A coalition of 22 attorneys general, including Illinois Attorney General Kwame Raoul and New York counterpart Letitia James, filed an amicus brief in the case of A.C. v. Metropolitan School District of Martinsville opposing the school ...


Gay News

NU sued by student on school's Qatar campus
2022-08-03
On July 28, Northwestern University was slapped with a civil-rights lawsuit in Illinois Northern District Court, according to Law.com. The lawsuit was brought by Disparti Law Group on behalf of a student of the university's Qatar ...


Gay News

Voters preserve abortion rights in red state Kansas
2022-08-03
In the first abortion-related election since the U.S. Supreme Court overturned Roe v. Wade, Kansas voters have rejected a proposed constitutional amendment that would have specified that the right to terminate a pregnancy is not protected, ...


Gay News

Showrunners send abortion-protection letters to Hollywood execs
2022-08-02
Recently, more than 400 TV creators and showrunners—all of them women (including Shonda Rhimes, Issa Rae, Amy Sherman-Palladino, Natasha Lyonne and Ava DuVernay)—sent letters to top executives at Hollywood studios ...


Gay News

Senate vote on marriage bill pushed back to September
2022-08-01
Hope for a quick vote on the Respect for Marriage Act in the U.S. Senate this week has faded, but U.S. Senator Tammy Baldwin said over the weekend that she has 10 Republican senators willing to ...


Gay News

UpRising Bakery cancels more events; Indiana passes severe abortion ban
2022-07-31
There have more setbacks for the LGBTQ+-owned UpRising Bakery and Cafe, where damage still remains after the Lake in the Hills establishment was vandalized last weekend with hate messages, ABC 7 Chicago reported. Owner Corinna Sac ...


 



Copyright © 2022 Windy City Media Group. All rights reserved.
Reprint by permission only. PDFs for back issues are downloadable from
our online archives. Single copies of back issues in print form are
available for $4 per issue, older than one month for $6 if available,
by check to the mailing address listed below.

Return postage must accompany all manuscripts, drawings, and
photographs submitted if they are to be returned, and no
responsibility may be assumed for unsolicited materials.
All rights to letters, art and photos sent to Nightspots
(Chicago GLBT Nightlife News) and Windy City Times (a Chicago
Gay and Lesbian News and Feature Publication) will be treated
as unconditionally assigned for publication purposes and as such,
subject to editing and comment. The opinions expressed by the
columnists, cartoonists, letter writers, and commentators are
their own and do not necessarily reflect the position of Nightspots
(Chicago GLBT Nightlife News) and Windy City Times (a Chicago Gay,
Lesbian, Bisexual and Transegender News and Feature Publication).

The appearance of a name, image or photo of a person or group in
Nightspots (Chicago GLBT Nightlife News) and Windy City Times
(a Chicago Gay, Lesbian, Bisexual and Transgender News and Feature
Publication) does not indicate the sexual orientation of such
individuals or groups. While we encourage readers to support the
advertisers who make this newspaper possible, Nightspots (Chicago
GLBT Nightlife News) and Windy City Times (a Chicago Gay, Lesbian
News and Feature Publication) cannot accept responsibility for
any advertising claims or promotions.

 
 

TRENDINGBREAKINGPHOTOS







Sponsor
Sponsor


 

Sponsor


Donate


About WCMG      Contact Us      Online Front  Page      Windy City  Times      Nightspots
Identity      BLACKlines      En La Vida      Archives      Advanced Search     
Windy City Queercast      Queercast Archives     
Press  Releases      Join WCMG  Email List      Email Blast      Blogs     
Upcoming Events      Todays Events      Ongoing Events      Bar Guide      Community Groups      In Memoriam     
Privacy Policy     

Windy City Media Group publishes Windy City Times,
The Bi-Weekly Voice of the Gay, Lesbian, Bisexual and Trans Community.
5315 N. Clark St. #192, Chicago, IL 60640-2113 • PH (773) 871-7610 • FAX (773) 871-7609.