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Showing posts with the label does my ex have any legal claim over my property or assets?

Now that we're divorced, does my ex have any legal claim over my property or assets?

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  Jan Meriss Alfonso Assistant at Ascent Law LLC Community property states have a better chance of recovering hidden assets In states that have community property laws, a spouse's assets are split equally after a divorce. If a spouse didn't disclose all of their assets, they could be subject to a court proceeding. However, in states that have equitable distribution laws, assets are split in a more fair manner, and not necessarily 50/50. In addition, some states have opt-in community property laws, which allow spouses to agree to split their assets in a community-property-based divorce. Mutual mistake The courts can find a mutual mistake after a divorce when both parties agreed to a particular arrangement during the marriage. For instance, when a couple decides to split their pension, the decision is a mutual mistake. The parties agreed to separate the pension when they married, but later learn that they cannot remove their former spouse as a pension beneficiary. However, they d...