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Software Helps Unmarried Couples Organize Personal Affairs This Tax Season...
Provides Documents to Better Financially and Legally Protect Domestic Partners
LOUISVILLE, Ky., Feb. 16 /PRNewswire/ -- For the 12 million people involved in a cohabitating relationship who are not afforded the rights or protection extended to their married counterparts, the approach of tax season is an ideal opportunity for evaluating personal affairs.
A new product, the Muses Legal Guide to Living Together(TM), provides domestic partners of all backgrounds with the necessary documentation to help lessen their legal vulnerabilities in areas such as income tax claims, tax returns and financial arrangements between partners. (See http://www.musesproducts.com/ ).
"Unmarried couples face a difficult issue in that if their financial accounts, loans or place of residence are listed under one person's name, the other can be left without any support or protection in the event of an unplanned-for situation," says Deborah Dillon, founder of Muses Legal Products, Inc.(TM) and developer of Muses Legal Guide to Living Together. "After evaluating the most common issues, we created documents designed to help lessen these peoples' individual or combined financial vulnerabilities while helping them to better prepare for their future together."
Featuring 152 customizable legal documents, the Muses Legal Guide to Living Together was specifically designed to allow unmarried couples to share as many or as few legal rights as appropriate for their relationship. The first comprehensive legal software of its kind, taxes and finances are just two of the areas covered. Additional agreements address situations in categories including: healthcare, child-related matters, insurance, domestic arrangements, dispute resolution and pet ownership.
A sampling of the documents includes:
-- Agreement Regarding Division of Individual Tax Refund
-- Agreement Regarding Right to Claim Dependency Exemptions/Credits
-- Agreement Regarding Payment of Individual Tax Liability
-- Agreement Regarding Right to Compensation for Deductions for Tax
Interest or Payments for Personal Property/Real Estate Not Jointly
Owned
-- Agreement Regarding Financial Support of Other While Living Together
-- Agreement Regarding Financial Support of Other Upon Separation -
Periodic or Lump Sum Payments
-- Agreement Regarding Access to Bank/Credit Card/Stock Account(s)
"For new couples or those preparing to make a large financial investment together, it is critical that steps be taken to plan and organize affairs early-on," said Dillon. "This way, all bases are covered and future debt or difficulties in obtaining account information can be avoided."
The Muses Legal Guide to Living Together offers users the full text of all 152 agreements to decide which documents best meet their needs. Other features include the ability to set termination dates for each document, revoke the agreements, determine when each document becomes effective and whether to complete the documents via computer or by hand on a printed hard copy.
The Muses Legal Guide to Living Together, $89.95, is available at http://www.musesproducts.com/ or by calling toll-free 866-234-1162.
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