Wednesday, January 5, 2011

Gay and Lesbian Deal with Unique Legal, Tax and Wealth Transfer Challenges

Chicago-based Northern Trust said Tuesday it has formalized a practice that provides financial services to the lesbian, gay, bisexual and transgender (LGBT) community.

Over the years, Northern has supported various LGBT initiatives, including the building campaign for the Center on Halsted, a LGBT community center. It is a national sponsor of Lambda Legal, a national group focused on legal issues for LGBT people. Northern also began offering domestic partnership benefits to workers more than 13 years ago.