{"id":1678,"date":"2021-05-06T21:23:29","date_gmt":"2021-05-06T21:23:29","guid":{"rendered":"https:\/\/fdfamilylaw.wpenginepowered.com\/?p=1678"},"modified":"2023-04-21T13:57:59","modified_gmt":"2023-04-21T13:57:59","slug":"what-happens-to-undisclosed-assets-in-a-divorce","status":"publish","type":"post","link":"https:\/\/fdfamilylaw.com\/what-happens-to-undisclosed-assets-in-a-divorce\/","title":{"rendered":"What Happens to Undisclosed Assets in a Divorce?"},"content":{"rendered":"<h2>Claiming Assets in a Divorce<\/h2>\n<p>What happens if your ex hid an asset that you couldn\u2019t claim in your divorce? When you\u2019re going through a divorce, you may not be fully aware of assets your spouse hid during your marriage that you didn\u2019t get a chance to claim. However, you can find undisclosed hidden assets with the help of a qualified divorce attorney with experience in finding concealed assets.<\/p>\n<p>Maryland divides property by equitable distribution, which means the property is divided by what a judge may decide is fair to both parties. There are two forms of property that can be considered during a divorce, which are marital and non-marital property.<\/p>\n<h2>Marital Property<\/h2>\n<p>Marital property is a term used for property and assets you and your spouse acquired together during the marriage. This is a property that is divided by equitable distribution and you and your ex can agree on what can be included as marital property during your divorce.<\/p>\n<h2>Non-Marital Property<\/h2>\n<p>Non-marital property is a property you owned before your marriage or was given to you as a gift or inheritance. This type of property would belong to you and only you during a divorce.<\/p>\n<p>There are some instances where your spouse may be hiding assets that you didn\u2019t get a chance to claim during your divorce.<\/p>\n<h2>Undisclosed Hidden Assets<\/h2>\n<p>If you believe your spouse hid assets during your marriage that you feel you\u2019re entitled to, you may be able to find them with a little investigating. Concealed assets can include:<\/p>\n<ul>\n<li>Tax returns with valuable information like supplementary income.<\/li>\n<li>Bank statements that can reveal expensive purchases like jewelry.<\/li>\n<li>Loan applications for a mortgage or car.<\/li>\n<li>Transferring ownership to a custodial account in someone else\u2019s name.<\/li>\n<li>Transferring stocks and bonds to family members to repay after a divorce.<\/li>\n<\/ul>\n<p>During a divorce, your attorney can help you write an agreement that says if undisclosed assets are found later, you may receive a majority of them.<\/p>\n<h2>Rockville, MD Divorce Attorneys at<\/h2>\n<p>Hiding assets is a serious matter that can come with consequences. Our attorneys at <a href=\"\/your-legal-team\/\">Fait &#038; DiLima Family Law<\/a> work with couples daily to ensure that all of their assets are listed in a divorce in order to avoid legal repercussions.<\/p>\n<p>Our team is skilled and prepared with the resources necessary to help you uncover hidden and <a href=\"\/practice-areas\/hidden-assets\/\">undisclosed assets<\/a>. Call us today at <a href=\"tel:+1301- 888-6384\">(301) 251-0100<\/a> to schedule a consultation if you feel your spouse is hiding assets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Claiming Assets in a Divorce What happens if your ex hid an asset that you couldn\u2019t claim in your divorce? When you\u2019re going through a divorce, you may not be fully aware of assets your spouse hid during your marriage that you didn\u2019t get a chance to claim. However, you can find undisclosed hidden assets [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":1683,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18],"tags":[36,39],"class_list":["post-1678","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-divorce","tag-family-law"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What Happens to Undisclosed Assets in a Divorce? Rockville, MD<\/title>\n<meta name=\"description\" content=\"If you suspect hidden or undisclosed assets during a legal case, our skilled team can help. 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