Lizzy and Lissa break down the hidden costs – financial and otherwise – of domestic partnerships. From legal protections to emotional considerations, they explore how domestic partnerships compare to marriage and why some couples choose this path instead. Joined by attorney Raymond Hekmat, the conversation covers benefits, limitations, and what you might not know could affect your rights. Whether you’re partnered, planning ahead, or just curious, this episode unpacks what it really means to commit outside the traditional framework.

►► Check out Raymond Hekmat on socials!

Instagram - TikTok - YouTube
 

Main Topics

00:00 Introduction to Domestic Partnerships

01:36 Running The Numbers Segment

02:32 Benefits and Limitations

03:14 Legal Nuances

05:38 Cohabitation vs. Domestic Partnerships

09:02 Personal and Social Considerations

18:55 Understanding Domestic Partnerships

19:57 Legal Separation vs. Divorce

20:58 Perceptions of Domestic Partnerships

24:35 Commitment and Social Constructs

28:58 Common Law Marriage vs. Domestic Partnership

30:12 20 Cents Segment

References for Statistics

https://www.census.gov/newsroom/press-releases/2024/families-living-arrangements.html

https://www.pewresearch.org/social-trends/2019/11/06/the-landscape-of-marriage-and-cohabitation-in-the-u-s/

https://www.pewresearch.org/social-trends/2019/11/06/marriage-and-cohabitation-in-the-u-s/

https://www.kff.org/report-section/ehbs-2023-section-2-health-benefits-offer-rates/

Co-Hosts

Lizzy Marie, CAIA, is a strategist, alternative investments expert, and a founding partner of Pursuit Funds. Follow Lizzy: Instagram | TikTok

Lissa Lumutenga, CFP®, AFC®, is a personal finance expert and content creator. Follow Lissa: YouTube | Instagram | TikTok | LinkedIn

Credits

► Produced by Lizzy Marie and Lissa Lumutenga

► Artwork by Lizzy Marie

► Music by Lissa Lumutenga, Net Net Podcast “Theme Song”

Talk to us

Hit us up, let us know what you think: IS IT WORTH IT? 💸

• DM us on Instagram: @netnetpodcast
• Email us at [email protected]

Disclaimer

This podcast is for educational, informational, and entertainment purposes only, and should not be constituted as financial advice or any other kind of professional advice. Views and opinions are our own, and Net Net Podcast does not serve as a substitute for personalized financial guidance tailored to your specific situation.

Remember to always do YOUR own research, consult a professional as needed, and feel empowered to make your own decisions!