By Matthew T. McClintock, Next Avenue contributor

Today’s Supreme Court ruling making same-sex marriages legal in all 50 states — Obergefell v. Hodges— has major financial implications for LGBT couples. The Court held that same-sex married couples are entitled to equal protection under the laws and that their marriages must be recognized nationwide.

Here are the most significant impacts for same-sex married couples:

Since state laws banning same-sex marriage are effectively invalidated, same-sex spouses will now enjoy all state tax benefits and other spousal benefits that other couples enjoy.