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Financial planning for same-sex couples will take center-stage at leading industry event

DENVER – Thanks to the U.S. Supreme Court’s landmark ruling against the Defense of Marriage Act (DOMA), financial planners are faced with a new opportunity to work with same-sex couples on a host of financial planning issues that, until now, did not exist. That’s why it is being made a focus of one of the profession’s most anticipated events.

The Financial Planning Association® (FPA®) today announced its partnership with PridePlanners to host a preconference in advance of FPA Experience 2013, the annual conference for the financial planning community, to be held Oct. 19-21 at the Orange County Convention Center in Orlando, Fla. The Oct. 18-19 preconference will explore how the DOMA ruling impacts the work financial planners do for same-sex couples and other issues pertaining to serving this underserved demographic.

The DOMA ruling:

  • Changes the Tax filing and planning landscape for same-sex couples while creating new complexities
  • Exposes estate planning issues, including gifting between spouses and the rollover of assets when one spouse dies
  • Generates the need to tackle survivorship benefits as it relates to Social Security and ERISA pension plans
  • Opens opportunities for same sex couples to take advantage of retirement income strategies
  • Addresses divorce planning when same sex couples separate
  • Reveals issues when couples move, or travel, to another state that does not recognize same sex marriages

“Our goal is to always bring the latest trends in financial planning to the forefront at every FPA conference,” said FPA Executive Director and CEO Lauren M. Schadle, CAE. “The opportunity to partner with PridePlanners on a preconference to educate the planning community on the complex financial issues same-sex couples face fits with our educational mission.”

The preconference will run Friday, Oct. 18 from 1-6 p.m. and Saturday, Oct. 19 from 8 a.m. to noon.

“This preconference will be a deep-dive into rich content that will help those planners serving the LGBT community,” said PridePlanners President Dana Levit, CFP®. “It will also serve as a catalyst for those planners who have not worked with same-sex couples in the past, but are interested in working with them in the future.”

To register and learn more about the preconference and FPA Experience 2013, visit