As June is Pride month—which commemorates the long struggle for civil rights and equal justice for LGBTQ individuals—it’s an ideal time to look at this community in M&T and Wilmington Trust, as well as the clients and the neighborhoods we support. To take us through the way M&T Bank is focused on diversity, equity, and inclusion, we recently spoke with Vice Chairman Kevin Pearson. Please see important disclosures at the end of the article.
For nontraditional families, planning remains more important than ever.Planning for same-sex marriage and strategies for “nontraditional” and blended families are explored.Advances in reproductive technology are creating once unimaginable questions regarding inheritance rights and have given rise to a new area of law: posthumous birth laws.
In this investment insight, we explore:The financial implications of marriage equalityThe link between wealth and confidenceHow the LGBTQ segment is changing the investment world “The Supreme Court decision means we can now plan for the future like anyone else,” says José, a 47–year–old designer who married his partner, Peter, in 2015, after Obergefell v. Hodges, the landmark Supreme Court of the United States (SCOTUS) decision that made same-sex marriage legal in all 50 states.