If you are both concerned, she can file back FBARs with a letter of explanation as to why she hadn&#x27;t filed them (I had to do the exact same thing). I wasn&#x27;t fined, and I was scared as hell.<p>Yes, this is one person&#x27;s story. Personally, if you can, I&#x27;d get in touch with a tax solicitor and get a real professional opinion on your options, including how to insulate your assets in the case of any idiocy by the US.<p>One thing to keep in mind is that as stupid and horrible these laws are, they aren&#x27;t meant for us. They&#x27;re meant for real, actual tax cheats, and FINCEN has more interest in them than someone who&#x27;s been ignorant and is now trying to make it right.