On 7 December 2017, an applause erupted in the House of Representatives, signalling that Australia has finally caught up to the world in marriage equality.
This is no doubt a fantastic result, and something long overdue. Whilst records of marriages are set to spike in the wake of the bill passing, what does this mean for same sex couples from an estate planning perspective?
After many twists and turns, same sex marriage is legal in Australia at last, and many couples are excitedly planning their nuptials as a result.
But what many don’t realise is that family law has its own twists and turns for same sex couples – for many involving such things as fertility and donor agreements as well as finances, parenting agreements and more.
Today, Tuesday January 9, 2018, is the first day same-sex couples can legally marry in Australia, being one month (the statutory waiting period) after the law changed on December 9, 2017.
While there’s much excitement (and many weddings) going on around Australia today, many couples are not aware that marriage usually revokes a prior will.