Does a person have any legal rights to assets after a divorce, if those assets were not produced during the divorce?

Asked on November 9, 2015 under Family Law, Iowa

Answers:

M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney

Answered 5 years ago | Contributor

Yes they do. The innocent ex-spouse can be entitled to either a portion or all of the hidden assets. Additionally, since these assets were not disclosed during the divorce proceedings in financial statements, etc., the culpable ex-spouse can be charged with fraud and perjury, and face resulting fines and or jail time.
In such a situation, the first step for a wrongd ex-spouse is to consult directly with a local divorce attorney as to their rights/remedies.


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