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Agreements after Separation

No change in size, 17:53, 2 September 2021
Undisclosed assets
If you have even the slightest doubt that the other party hasn't been entirely honest about the extent of their assets, a term dealing with undisclosed assets can be important. These sorts of terms usually provide that:
#*any property that wasn't disclosed when the agreement was executed will automatically be considered to be owned equally by both parties,#*the party that didn't disclose the asset will have to give the other party one-half of the asset's value, and#*the party that didn't disclose the asset will have to pay the expenses the other party incurred in finding the asset, plus a financial penalty.
==The effect of reconciliation==
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