Quote:
Originally Posted by GGG
The main benefit of common law is it protects the lower earning partner. Marriage and Common Law aren’t about tax benefits. It’s an economic contract to take care of the other person.
Pre-women earning significant incomes the whole system is essentially designed to ensure they are not destitute after divorce. Now it protects either lower earning partner.
Essentially common law exists to expand the protections of marriage to more people.
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As you mention in next post, combined household income is more likely to disqualify or limit a number of benefits…yet the tax burden of the same HHI can be much higher where one partner earns a lot more compared to partners earning similarly