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In today’s uncertain political and legal landscape, the rights of LGBTQIA2S+ individuals and families face increasing scrutiny. Among the most pressing concerns is the potential rollback of federal marriage equality protections set by Obergefell v. Hodges which could leave the issue of marriage rights up to individual states and raise an eyebrow from the LGBTQIA2S+ community on what their marriage really means moving forward. For non-heteronormative, gender non-conforming families, and others outside traditional frameworks, this threat carries not only emotional weight but also significant financial and legal implications.
Before we begin, please know that this information is for educational purposes only and is not meant to be investment, tax, or legal advice. Please reach out to a professional skilled in any or all of those areas who can speak to your particular situation.
Over the past few months, I’ve had conversations with clients who are deeply worried about what these potential changes might mean for their futures. Some are panicked, feeling stuck between the desire to protect their families and the overwhelming uncertainty of what steps to take next. Others are contemplating drastic moves—leaving their state, or even the country, in search of stability and security.
If you’re feeling this way, you’re not alone. These fears are valid, and the unknown can be daunting. But here’s something important to remember: this is not the first time our community has faced challenges like this. For decades, LGBTQIA2S+ individuals and families have creatively and successfully navigated these issues, even before marriage equality became a reality.
While a rollback of marriage equality would undoubtedly be a step back, the resilience of our community is proof that we are resourceful, determined, and capable of navigating even the most difficult circumstances. This blog offers strategies rooted in this history of strength, providing actionable ways to protect your family and move forward—without uprooting your life or losing connection to the people and places you love.
The potential rollback of federal marriage equality protections could create a fractured system where LGBTQIA2S+ couples face drastically different rights depending on their state of residence. For non-heteronormative and gender non-conforming families, this shift could have profound financial implications:
By understanding these risks, families can start taking concrete steps to protect themselves.
For LGBTQIA2S+ families, safeguarding loved ones requires proactive planning, especially during uncertain times. Consider these critical actions:
Taking these steps empowers peace of mind while laying the groundwork for long-term protection.
Estate planning is critical for LGBTQIA2S+ individuals and families, particularly if marital rights and the benefits therein are in limbo. Without proper planning, assets could default to biological relatives, bypassing surviving partners or chosen family members.
These tools help empower your family by seeing to it that your family is protected and your legacy remains intact, even in states that may roll back marital rights.
Understanding policy changes and how they impact you is crucial. Stay informed about local and national advocacy efforts. Connect with organizations that work to protect LGBTQIA2S+ rights in finance, including groups focusing on marriage equality, and those committed to forging legal precedent for the LGBTQIA2S+ community.
Our community has navigated financial and legal inequalities long before marriage equality became a reality. Strategies like co-parenting agreements, living wills, account registration types, and trust arrangements are part of our shared history of resilience. For younger generations, consider sharing your concerns with an older Millennial, Gen X, or Baby-Boomer who has been through tough times and can provide historical context and possible strategies. These strategies often remain as relevant and empowering today as they were in the past.
The potential rollback of marriage equality has left many feeling an overwhelming mix of fear and uncertainty. But time and again, LGBTQIA2S+ families have proven their ability to adapt and thrive.
Resilience doesn’t mean having all the answers—it means continuing to take steps forward, no matter how small, particularly in the face of uncertainty, fear, and adversity.
While the potential rollback of marriage equality presents challenges, LGBTQIA2S+ families have long demonstrated resilience and creativity in navigating legal and financial uncertainties. With proactive planning, you can care for your loved ones and powerfully navigate your future.
Remember, you don’t have to face these challenges alone. By leaning into community and professional resources, you can take charge of your family’s financial well-being—without uprooting your life or losing connection to the people and places you love.
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