Legal Question in Family Law in Kentucky

2nd Marriage finances

Can a couple marry and keep their finances entirely separate, file separate tax forms, etc.?


Asked on 5/09/07, 8:49 pm

1 Answer from Attorneys
Gregory Napier Troutman & Napier, PLLC

Re: 2nd Marriage finances

These are two separate questions. You can keep finances separate by having a prenuptial agreement and then not commingling funds. The prenuptial is not 100% - a court can overturn it if they deem it unconscionable. But, it is the best chance you have.

If married, you have two options for taxes: married filing jointly and married filing separately. You cannot file as single. Generally, married filing jointly reduces taxes the most.

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Answered on 5/10/07, 11:07 am


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