Note: The DearEsq free 'ask a lawyer' site is offered as a free informational service to the public and is not intended as legal advice. Laws vary from state-to-state, and in addition every situation is unique, and relevant facts may not be known. The answer to the question posed below may not apply to in your state or to your situation. For legal advice in your state and your situation you should consult with an attorney in your state who is familiar with the rules and laws in your state.
“If a spouse (husband) conceals substantial financial gain acquired during a 26-year marriage, and withholds disclosure of this overseas bank account in a divorce settlement, and then the other spouse (wife) finds out about the concealed money-after the divorce is finalized; can the wife reopen or sue the husband. And is there a time limit in the state of Mississippi.”
Question: In California there is no time limit to pursue an action based on a willful (fraudulent) non-disclosure of marital assets. The penalty is 100% of the interest by statute. Check with a Mississippi attorney, as there is likely similar relief available there.
