SCOTUS Decision on Same Sex Marriage "Puts Everyone on the Same Page" for Financial Planners

July 24, 2015 - PRLog -- Upper Montclair, NJ, July 2015 - The Financial Planning Association of New Jersey (FPANJ) welcomed an announcement by its national organization, FPA®, of its partnership with PridePlanners, the association for planners who serve the LGBT communities. The goal will be to collaborate to help financial planners on how to best serve this client base.

The announcement came in a press release from the FPA® (https://www.onefpa.org/about/Press-Room/Pages/SCOTUS-Marriage-Equality-Ruling-Opens-Door-for-Financial-Planners-to-Increase-Knowledge-Skill.aspx)shortly after the United States Supreme Court rendered its decision that same-sex marriage is a right among all states. A joint statement confirmed, "FPA and PridePlanners are committed to helping planners obtain the latest in planning strategies and connect them with resources that will be integral in helping LGBT clients."

FPA® and PridePlanners will be providing all members with an interactive webinar in August on the issue of planning for LGBT. Also, during the FPA's annual conference in Boston, PridePlanners will conduct a pre-conference event (http://fpa-be.org/prideplanners-preconference/) on Sept. 25, which will be followed by a breakout session. (View details here: http://fpa-be.org/prideplanners-preconference/)

The decision will make financial planning issues for same-sex couples easier for financial planners, according to FPANJ President Bill Stratton, who welcomed the opportunity to gain more knowledge through the webinar and pre-conference event.

"Hopefully, this decision puts everyone on the same page. The financial issues overall will be very similar, and it takes away a lot of the confusion as the rules are the same among all states," he said. "It provides clarity on issues of inheritance, social security and other financial planning issues that affect families."

According to the joint statement, "FPA and PridePlanners will now have the opportunity to engage a much larger audience to help planners accrue the knowledge and skill required to work with LGBT clients."

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About FPANJ:

Financial Planning Association of New Jersey is part of The Financial Planning Association® (FPA®). We are one of the largest chapters in the nation, comprising about 700 members representing Certified Financial Planners and other allied professions. FPANJ connects those who need, support and deliver professional financial planning. FPANJ believes that everyone is entitled to objective advice from a competent, ethical financial planner to make smart financial decisions. FPA members demonstrate and support a professional commitment to education and a client-centered financial planning process. Working in alliance with academic leaders, legislative and regulatory bodies, financial services firms and consumer interest organizations, FPA is the community that fosters the value of financial planning, and advances the practice and profession of financial planning. For more information on FPANJ, visit fpanj.org.

About FPA:

Since 2000, the Financial Planning Association® (FPA®) has been the principal professional organization for CERTIFIED FINANCIAL PLANNER^TM (CFP®) professionals, educators, financial services professionals and students who seek advancement in a growing, dynamic profession. More than 24,000 FPA members adhere to the highest standards of professional competence, ethical conduct and clear, complete disclosure to those they serve. Through a collaborative effort to provide members with One Connection^TM to tools and resources for professional education, business success, advocacy and community, FPA has become an indispensable force in the advancement of today's CFP® professional. Learn more about FPA at https://www.onefpa.org/Pages/default.aspx and follow on Twitter at twitter.com/fpassociation

About PridePlanners

Since 1999, PridePlanners has dedicated its mission to helping financial advisors and allied professionals who serve the LGBT community and unmarried couples with timely and informed financial information to more effectively guide their clients. PridePlanners offers robust networking opportunities to help those within its nationally diverse membership. Conferences, which have been held since 2001 in locations like Provincetown, Palm Springs, Washington, D.C., Orlando and Boston (2015), have provided members direct access to some of the sharpest minds serving the LGBT community and other non-traditional families. PridePlanners believes that the better prepared their clients are, the more they are able to give back to their communities with passion and conviction. Learn more about PridePlanners at http://prideplanners.org/.