Taxes

I agree with the other professionals that responded. You will probably be best served by filing a joint return, as your tax rate will be lower. There are some circumstances where married filing separately is advisable, but from the facts presented, I do not see that being the case here. You can have your tax preparer run the return both ways and then pick the way that is most beneficial to you.

Disclaimer - This response does not constitute legal, accounting or other professional advice. Only through a personal, confidential consultation with qualified legal counsel can anyone properly evaluate their own unique estate planning challenges and determine what, if any, appropriate legal strategies and tactics should be implemented to meet those challenges.

Circular 230 Disclaimer - “Nothing in this response is intended or written to be used, and cannot be used by any person for the purpose of avoiding tax penalties regarding any transactions or matters addressed herein. You should always seek advice from independent tax advisers regarding the same.”