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Sensitivity and Understanding

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Andrew Martin feels strongly that it is critically important for gay and lesbian couples to choose a CPA who is both sensitive to and experienced in handling their needs because the tax and financial issues they face are radically different from those of married heterosexuals.

Martin is the managing partner of Martin & Wall, P.C., a CPA firm founded in 1994, with offices in Washington, D.C. and Chicago, dedicated to helping gay and lesbian couples as well as entrepreneurs navigate through complex tax matters, wealth management, and financial decisions. The firm's three partners each have 15-20 years of professional experience, multiple licenses, and certifications.


Debt Management Plan

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A Debt Management Plan (DMP) is a method used in various countries for paying personal unsecured debts (which typically have gotten out of control in the sense of payments due taking too large a portion of income, or even exceeding it) that involves cataloguing all the debts, assessing income and budget, and re-negotiating interest rates and payments with the lenders, based upon evidence that the result will be a higher likelihood of collection by the lenders.

A DMP is typically managed by a third party group. There are two types of DMPs. The first type is a fair disbursement of available funds from the debtor to their creditors based on a percentage of debt.