Reply to New Bravo Show: Real Housewives of Potomac

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[quote=Anonymous][quote=Anonymous]I don't understand the argument that Karen and her husband have separate bank accounts, so she has no debt liability. I'm a lawyer, not in trust/estates/family law, but pretty sure all assets/debts incurred during the marriage are marital property/loses. Doesn't matter whether you file separate taxes or have separate bank accounts. You're married- your finances are co-mingled during the course of the marriage. One of the big differences between marriage and a civil union. Now, certainly depends on how his business is set up if it is a business back tax issue which it sounds like it is. [b]He (and therefore she too) avoids personal liability if it's LLC or similar corp structure which I'm pretty sure it is. But the "we have separate finances even though we've been married 20 years" really isn't an argument! [/b]Am I missing something or is she just dumb? [/quote]

but wouldn't BBG having an LLC mean that they do have separate finances? I took it to mean Muva Kern was dumbing it down for the Bravo audience and simplifying the situation. Or she really doesn't  understand it herself. [/quote]

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