Friday, June 20, 2014

Can ex husband be required to give portion of retirement account not revealed to court?

Question

Can ex husband be required to give portion of retirement account not revealed to court?



Answer

In New York a spouse may be required to provide his/her former spouse with an equitable share of a retirement account where he/she intentionally failed to disclose the existence of that account. Certain other factors may need to be established. Each state has its own laws, so you should check with your state to ascertain whether the foregoing is applicable in your jurisdiction.



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