I Do! Take Two Forum: prenuptial agreement protect tax returns and IRA? - I Do! Take Two Forum

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prenuptial agreement protect tax returns and IRA?

#1 User is offline   susysnshn 

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I am engaged, but we haven't gotten married because he owes a significant amount to the IRS (about $20,000) that he can't possibly repay. Would a prenuptial protect me? I have some money in an IRA and usually get back a tax refund; he doesn't. He's already filed bankruptcy so that's not an option. I'm older and living together upsets my adult child. What can I do?

#2 User is offline   M. Giordano 

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While your IRA should remain safe after your marriage you should consult with a local attorney to discuss how the IRS will deal with your tax refunds after the marriage. Don't leave something as serious as your future financial well being to chance.
Michael C. Giordano, Attorney in Mechanicsburg, PA

Disclaimer: Answers are not legal advice and is never a substitute for professional advice from an attorney licensed in your jurisdiction and retained to represent you.

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