What is the name of your state? District of Columbia
I am in the middle of a divorce after 25 years. Three weeks ago, we negotiated, and I signed, a marital property settlement that allocated an extra portion of our assets to my ex, as he was engaged in another lawsuit with the potential to require him to pay significant penalties. (This extra portion was in the high six figures.) One week ago, we had a closing, in which we divided most, but not all, of our assets in accordance with the property settlement. I have not yet signed the documents agreeing to an uncontested divorce.
The day after this closing, I discovered that the other lawsuit had been settled the week before I signed the marital property settlement, with my ex ending up owing nothing from his own pocket. Had my ex not been under the threat of this lawsuit, I would have insisted on a straight 50/50 split of our assets.
As he sat across a table from me for several hours at the closing last week, and made absolutely no mention of having settled his suit, I doubt that he will volunteer to compensate me for the assets I gave up to cover his potential liability.
What can I do? Is it possible to rescind a marital property agreement? Did my ex have a duty to disclose to me that his suit had settled?
Thanks in advance for your help.What is the name of your state?
I am in the middle of a divorce after 25 years. Three weeks ago, we negotiated, and I signed, a marital property settlement that allocated an extra portion of our assets to my ex, as he was engaged in another lawsuit with the potential to require him to pay significant penalties. (This extra portion was in the high six figures.) One week ago, we had a closing, in which we divided most, but not all, of our assets in accordance with the property settlement. I have not yet signed the documents agreeing to an uncontested divorce.
The day after this closing, I discovered that the other lawsuit had been settled the week before I signed the marital property settlement, with my ex ending up owing nothing from his own pocket. Had my ex not been under the threat of this lawsuit, I would have insisted on a straight 50/50 split of our assets.
As he sat across a table from me for several hours at the closing last week, and made absolutely no mention of having settled his suit, I doubt that he will volunteer to compensate me for the assets I gave up to cover his potential liability.
What can I do? Is it possible to rescind a marital property agreement? Did my ex have a duty to disclose to me that his suit had settled?
Thanks in advance for your help.What is the name of your state?
