I Want To Marry My Fiance But He Has Debts To Irs, Can A Prenub Agreement Protect Me From Irs ?
Monday, February 8th, 2010 at
5:05 pm
He has debths for his buseness activities over 10 years ago. He is no longer employed and has no business. I just want to make sure that when we become married, the IRS will not ask me to pay his debts.
Tagged with: 10 Years • Agreement • debts • Fiance • From • Irs • Marry • Prenub • Protect • want
Filed under: Irs Debt Help
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You would never be responsible for anything he did before your marriage. Read up on the Innocent Spouse Relief IRS form 8857.
More importantly, I would think long and hard before marrying someone that sounds like a loser. Postpone the wedding and make him get his sh!t together first.
Ten years is a long time for this to drag out. The IRS will deduct debt from any returns he files. Has he been dodging them all of this time or is it a huge amount that he owes? Also, a tax lien takes priority over everything else so forget about buying a house until it is released (paid).
FTW! Knowing his money status and still wanting to marry him is either Dumb or Love… protect yourself though contact a tax lawyer.
I found out my husband owed the IRS after we married, but I found out through H&R Block when doing taxes, that if his debt was obtained before you were together and you had no knowledge, you can file a “injured spouse allocation form” when doing your taxes, it protects you and any money from being seized by the IRS. It saved my tax refund!
Talk with the IRS and get the answer FROM THEM – federal laws are screwy, and personally I wouldn’t trust someone on YahooAnswers for something that important.
You should either contact the IRS or speak with your accountant or attorney. A friend of mine and her husband file separate returns because he owes taxes.
Also, keep in mind that if you purchase property together, and liens against him will attach to real estate you own, or may own in the future. You should also consider keeping separate bank accounts so yours doesn’t get attached.
If you really love him then you shouldn’t care about his money staus.
The IRS cannot look to you or anything you owned before marriage for his pre-marital debts…however, whatever you have together in the future will be affected, because at a minimum (in a community property state) his half of whatever income and assets you accumulate together will be subject to his tax obligations…if not a community property state, it may be even more than 50%.
IRS is Federal institution. Prenups are created at the state level. In short the IRS try and take what they can and if you marry him they will go after you.
Sweetie you need to contact a law office that specializes in either Tax law, and or Marriage/Family law and ask this question, were all just taking a good guess. And you by no means are selfish for thinking of your financial future. You shouldn’t knowingly put your self in financial ruin….for ANYBODY! Now if you two were already married that’s another story….then you have to deal with it, on some, ”For better or worst, richer and poorer”, but God is providing an escape…..USE IT!
yes when you say “I do” you get everything he has.