Eric B. asked
I was married a couple years ago and our married filing jointly 2010 IRS tax return was offset for my wife's premarital defaulted student loan. We live in Missouri. The debt collectors are calling me. I have assets that would cover the debt but would wipe me out financially. She had withheld this information from me about this premarital debt. She makes no money and has no assets. I have kept the bank accounts and home (all assets) in my name. She has child support checks that I have placed into my account. Would that make that account (and everyone downstream) a marital asset? What is my exposure/risk to the remaining assets? I let her use my credit and debt cards – Would that put those accounts attached to those at risk? If I have risk that needs to be mitigated what kind of expert would I consult? Can I get back the IRS offset?
October 6th, 2024
Charlotte B. answered
You are not responsible for your wife's premarital debts, and the Internal Revenue Service does not ...
October 6th, 2024
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